Saturday, May 14, 2011

Wisconsin Clopay plant to be closed - The Business Journal of Milwaukee:

ufysyho.wordpress.com
, the garage door manufacturing businessof Jericho, N.Y.-based Griffon GFF), is consolidating operations of the Baldwin plant, in St. Crois County, and the operations from a plantrin Russia, Ohio, into its plant in Ohio. "These actions will enable us to centralizer production at our most technologically advancecd facility so that Clopay can improve its manufacturinfg efficiency while improving our ability to servw the needs of our saidSteve Lynch, presidentg of Clopay.
"By consolidating our manufacturing, we will streamliner operations, lower costs and maintain the flexibility to meet supply demands now and in the The company estimates that it willincur pre-tax exit and restructuriny costs of approximately $12 nearly all of which will be in cash. Chargesz will include approximately $2 milliob for one-time termination benefits and other personnel-related costs.

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