Monday, April 25, 2011

Clopay consolidating operations to Troy - Business Courier of Cincinnati:

ugefuk.wordpress.com
The move, announced Wednesday, will add 300 The company would not disclose itstotakl employment, but said the Troy plant will have less than 500 workersw after the consolidation. The projec will be completed inearly 2011. Mason-basecd Clopay currently operates four manufacturinyg facilitiesin Troy; Russia — northwest of Dayton in Shelby Countyu — ; Baldwin, Wis. and Wash. All of the operations conducted in the Baldwijn plant and substantially all of the operationes conducted in the Russia facility will be relocatex to Troy and the Baldwin facilitgy willbe closed. All active employees at the Russias facility are being offered employment at theTroy facility.
, the parentt company of Clopay, said it will take a charg of about $12 million for pre-tax exit and restructuring, and make a capitalo investment ofabout $11 million. Jericho, N.Y.-based Griffon GFF) is a diversifiedf holding company.

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