Home Must Reads Lumber Products plans to cut 65 workers

Lumber Products plans to cut 65 workers

| Print |  Email
Must Reads
Friday, May 04, 2012
Tualatin-based Lumber Products plans to lay off 65 workers, including its CFO and at least one vice president.

Lumber Products Inc. will begin the layoffs June 29 in an attempt to shore up its finances. It filed April 11 for Chapter 11 bankruptcy protection, which allows a company to reorganize. The 75-year-old firm distributes wholesale lumber and plywood supplies. 
In a letter alerting state officials of the decision to cut its workforce, its bankruptcy trustee cited a downturn in business with no immediate prospects of recovery.

Read more at OregonLive.com.

{biztweet}lumber products{/biztweet}

 

 

More Articles

Fast Food Slows Down

September 2014
Tuesday, August 26, 2014
BY KIM MOORE

The ubiquitous fast-food restaurant may be on the decline.


Read more...

Buyer's Remorse

September 2014
Tuesday, August 26, 2014

Parents and students paying for college today are like homeowners who bought a house just before the housing bubble burst.


Read more...

True Blood

October 2014
Thursday, September 25, 2014
BY JOE ROJAS-BURKE

Antibiotics really aren’t magic bullets.


Read more...

Two sides of the coin

Contributed Blogs
Monday, August 25, 2014
0825 thumb moneyBY JASON NORRIS | OB GUEST BLOGGER

Ferguson Wellman’s investment views on the economy and capital markets.


Read more...

Gender Code

September 2014
Tuesday, August 26, 2014
BY COURTNEY SHERWOOD

Janice Levenhagen-Seeley reprograms tech.


Read more...

The Rail Baron

October 2014
Thursday, September 25, 2014
BY LINDA BAKER

Oil is gushing out of the U.S. and Canada, and much of it is coming from places that don’t have pipeline infrastructure. So it’s being shipped by rail.


Read more...

Constant Contact

October 2014
Thursday, September 25, 2014
BY AMY MILSHTEIN

To prevent burnout, companies are banning email and after-hours communications. But is the 24-hour workday here to stay?


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS