GEORGETOWN, S.C. (WCIV) — A manufacturing change on the Liberty Metal mill in Georgetown will have an effect on practically all the employees.
Starting April 19, the Georgetown metal mill will briefly pause the manufacturing of wire rod. Liberty says the pause is because of present market forces and a surge in imported metal, which led to a lower in rod costs and brought on the mill to incur larger manufacturing prices than promoting the worth of the rod.
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The corporate says roughly 50 of the 79 workers on the Georgetown facility will probably be laid off.
The employees affected by this alteration will probably be supplied alternatives at different Liberty areas or a severance package deal with assist discovering new roles in the event that they select to remain in South Carolina, in keeping with the corporate.
“We stay dedicated to the long-term viability of our Georgetown facility and proceed to put money into the enterprise,” Liberty CEO Pieter Vanderwesthuizen stated in a press release. “Sadly, market forces are working towards us within the rod market with the rise in imports and vital strain on transportation prices. We totally intend to deliver the rod mill again up as quickly because it makes monetary sense to take action.”
The Georgetown mill will proceed to fabricate metal mesh and welded metal merchandise, in keeping with Liberty.