Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Continental to close by 2024 (Newport News, VA)
http://enewspaper.dailypress.com/infinity/article_share.aspx?guid=3831419b-0da4-485e-9fd7-e06a333aba50Continental to close by 2024
Decision to shutter plant in Newport News will affect 740 local workers
By Kimberly Pierceall
Staff writer
NEWPORT NEWS —Several hundred workers at Continental’s Newport News plant were told Wednesday the plant will close in a little less than five years. About 740 people work at the factory that manufactures hydraulic components for gas engines.
The company had told workers in August that it planned to shift its business and research dollars with the rest of the automotive industry to electric technology but didn’t have specific plans at the time. While existing orders for combustion engine components would be filled, “new orders will play an increasingly marginal role,” the company said then. The company’s evolution has also been driven by fewer cars being built and new technology powering them, including automated systems.
On Wednesday, Continental officials visited employees in person and announced its transformation would affect 20,000 jobs worldwide in the next 10 years, including the closures of its Newport News plant and a factory in Henderson, N.C., which has 540 workers. That plant is expected to close sooner than the Peninsula factory. Worldwide, Continental employs about 244,000.
Decision to shutter plant in Newport News will affect 740 local workers
By Kimberly Pierceall
Staff writer
NEWPORT NEWS —Several hundred workers at Continental’s Newport News plant were told Wednesday the plant will close in a little less than five years. About 740 people work at the factory that manufactures hydraulic components for gas engines.
The company had told workers in August that it planned to shift its business and research dollars with the rest of the automotive industry to electric technology but didn’t have specific plans at the time. While existing orders for combustion engine components would be filled, “new orders will play an increasingly marginal role,” the company said then. The company’s evolution has also been driven by fewer cars being built and new technology powering them, including automated systems.
On Wednesday, Continental officials visited employees in person and announced its transformation would affect 20,000 jobs worldwide in the next 10 years, including the closures of its Newport News plant and a factory in Henderson, N.C., which has 540 workers. That plant is expected to close sooner than the Peninsula factory. Worldwide, Continental employs about 244,000.
(...)
If there’s any good news, she said, it’s that “people aren’t going home thinking I’m going to be out of a job next month.”
There are options around the world for employees who can transfer to open roles within the company. Staying close to home would be a challenge for those on the factory floor; the nearest Continental plants are in Culpeper and Morganton, N.C.
Workers will be given a minimum of 60 days notice before their job is eliminated, she said. The International Association of Machinists and Aerospace workers represents about 370 employees, she said.
There are options around the world for employees who can transfer to open roles within the company. Staying close to home would be a challenge for those on the factory floor; the nearest Continental plants are in Culpeper and Morganton, N.C.
Workers will be given a minimum of 60 days notice before their job is eliminated, she said. The International Association of Machinists and Aerospace workers represents about 370 employees, she said.
1 replies
= new reply since forum marked as read
= new reply since forum marked as read
