ERMCO announces layoff of nearly 90
(Local News ~ 04/20/09)
Early Monday morning, ERMCO announced an upcoming reduction in its workforce affecting approximately 90 people. The layoff, which is not considered permanent by company officials, will be effective on May 11."The transformer industry continues to be affected by the slowdown in residential and commercial construction and the resulting reduction in both single phase and three phase padmount transformer installations," said President and CEO Bill Reffert in a news release issued on the same day ERMCO employees were notified. ...