Tenneco to Close Arkansas Plant After 50 Years
Tenneco to Close Arkansas Plant After 50 Years

Tenneco to Close Arkansas Plant After 50 Years

News summary

Several manufacturing plants across the U.S. and abroad are facing closures due to economic pressures. Ardent Mills has shut down its historic facility in Mankato, citing difficult market conditions and plans to explore the future of the property with local officials. In Arkansas, Tenneco announced the closure of its Paragould plant, which has been operational for 55 years, resulting in a phased layoff of over 1,100 employees due to financial difficulties and a need to realign manufacturing operations. ROi, a medical supply manufacturer, will also close its Republic facility, laying off 109 employees by April 2025. Meanwhile, Performance Flotation Developments in Fiji is relocating its operations to China, attributing the decision to high sea freight costs and a lack of skilled labor. These closures highlight the ongoing challenges faced by manufacturing industries amidst shifting economic conditions.

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