Can anyone deny or confirm this? I heard that Hammond will be closing this year (2015) and I wanted to see if this just a rumor or if people had more info on the issue.
6 replies (most recent on top)
This is true the plant will be closing April 30th. Moving the TBV valve line to little rock arkansas
product move to VP, loose overhead at Hammond, sell property. Business case it and it makes sense. Why fight the inevitable.
when current Hammond backlog dwindles, property sell will happen.
ANY WORD ON CLOSURE OR LAYOFFS AT MILLBURY AND WHEN?
Land and building 2 to 3 million
Annual sales 30 to 40 million
How is closing more valuable?
Will have to wait and see
Millbury will go before Hammond. Nothing leaving Hammond except old equipment that hasn't been used in years.
Confirm
Hammond is history.
Property more valuable as a sale than to continue operations. Winding down over coming months. My best guess, only a guess. Are they moving equipment out? If so, that should tell you what you need to know...
That's the rumor for now, nobody has more details