Mining company cuts 31 workers

| Print |  Email
Must Reads
Friday, September 07, 2012

Coos County's biggest mining company Oregon Resources Corporation cut 31 workers, due to slowing mineral demand.

The company plans to cut its chromite mining operation from seven days per week to four.

“These decisions are never made lightly, but if we don’t take action now, potentially everyone could be unemployed,” [Wayne Knott, chief executive of ORC’s parent company, IDM International] said. “So we are doing this for the best interest of the company.”

Seventeen temporary employees and 14 direct employees have been laid off from the company’s 100-strong workforce. Knott said the cuts were across-the-board, including administrators, senior staff, plant operators, and lab workers.

Read more at The World.

{biztweet}mining{/biztweet}

 

More Articles

Carbon Power

February 2015
Tuesday, January 27, 2015
BY LINDA BAKER

Researchers in a multitude of disciplines are searching for ways to soak up excess carbon dioxide, the compound that contributes to global warming.


Read more...

Tackling the CEO-worker pay gap

January-Powerbook 2015
Thursday, December 11, 2014
BY OREGON BUSINESS STAFF

An SEC rule targets the disparity between executive and employee compensation, reigniting a long-standing debate about corporate social responsibility.


Read more...

Transportation Fairness Alliance holds demonstration in Pioneer Square

The Latest
Wednesday, January 14, 2015
IMG 3367BY JACOB PALMER | OB DIGITAL NEWS EDITOR

Portland's cab companies urged city hall for consideration as officials weigh new rules for Uber and other ridesharing companies.


Read more...

Corner Office: Sheree Arntson

January-Powerbook 2015
Saturday, December 13, 2014

Checking in with the managing director of Arnerich Massena.


Read more...

Will Medford Ever Be Cool?

February 2015
Friday, January 23, 2015
BY DAN COOK | PHOTOS BY JASON E. KAPLAN

A real-estate developer and a Lithia Motors executive aim to revamp the city's forlorn downtown.


Read more...

Imperial Palate

February 2015
Tuesday, January 27, 2015

Power Lunch at the Imperial.


Read more...

Labor Pains

February 2015
Monday, January 26, 2015
BY AMY MILSHTEIN

Thinking about starting an internship program? Be careful. Navigating unpaid internships can be tricky.


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