Latest news with #AdjustmentandRetrainingNotification
Yahoo
19-05-2025
- Business
- Yahoo
Truvant to close one of its Wisconsin facilities, 74 employees impacted by layoffs
PRAIRIE DU CHIEN, Wis. (WFRV) – A packaging and labeling company in southwestern Wisconsin is preparing to shut down one of its facilities, citing shifting business conditions and resulting in layoffs affecting dozens of workers. According to a Worker Adjustment and Retraining Notification (WARN) letter filed with the Wisconsin Department of Workforce Development, Truvant North America will permanently close its Prairie du Chien North facility at 800 N. State Street. Green Bay Police release identity of woman pulled from Fox River, foul play not suspected The closure will impact all 74 employees currently working at or reporting to the site. Of those, 44 jobs will be permanently eliminated. The remaining 30 employees have accepted offers to transfer to other Truvant facilities located within reasonable commuting distance. Truvant says layoffs are expected to begin on or around July 15, 2025, with the full closure scheduled for that same day. The company says it is providing employees with at least 60 days' notice. Trio arrested in Fond du Lac County after nearly 18-mile pursuit, drove on airport's taxiway The affected employees are not part of a union, and bumping rights, which would allow more senior employees to displace junior ones, will not apply in this case. For more information, click here. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
19-04-2025
- Business
- Yahoo
JLL to cut jobs at Amazon's Lake Nona facility
Editor's note: This story is available as a result of a content partnership between WFTV and the Orlando Business Journal. JLL Inc. will cut jobs at Amazon's Lake Nona distribution facility. The Chicago-based company (NYSE: JLL) announced in an April 14 Worker Adjustment and Retraining Notification (WARN) letter it will lay off 86 people at 12340 Boggy Creek Road in Orlando due to Amazon selecting a different staffing contractor. Read: A warm start to Easter weekend across Central Florida JLL will begin making cuts on June 14. Click here to read the full story on the Orlando Business Journal's website. Click here to download our free news, weather and smart TV apps. And click here to stream Channel 9 Eyewitness News live.
Yahoo
11-04-2025
- Business
- Yahoo
Teleflex to close Minnesota facility, cut 101 employees
This story was originally published on MedTech Dive. To receive daily news and insights, subscribe to our free daily MedTech Dive newsletter. Teleflex will close a manufacturing facility in Maple Grove, Minnesota, by next March and cut more than 100 employees as a result. The planned closure will affect an expected 101 positions, according to a Tuesday Worker Adjustment and Retraining Notification filing obtained by MedTech Dive. The Minnesota Star Tribune first reported the cuts. Most laboratory and manufacturing operations are expected to cease by June 30, with the layoffs occurring on July 1, according to the filing. Teleflex did not respond to a request for comment on why it was closing the Maple Grove facility. In February, Teleflex announced it would split into two separate, public entities. A new company would comprise Teleflex's urology, acute care and OEM businesses, while the remaining company would include the vascular access, interventional and surgical businesses. Simultaneously, Teleflex bought Biotronik's vascular intervention division. Teleflex aims to streamline manufacturing during the restructuring. The company aims to reduce the number of facilities from the combination of Biotronik and the remaining company from 19 facilities to seven, CEO Liam Kelly told investors in February. The Maple Grove site was used to make diagnostic and interventional catheters, according to the company's website. Teleflex's remaining company had pro forma revenue of $2.1 billion in 2024 with the Biotronik acquisition. Recommended Reading Teleflex to split in 2, buy Biotronik assets for $791M among slew of actions
Yahoo
07-04-2025
- Business
- Yahoo
U.S. Cellular to close Missouri stores, lay off staff
MISSOURI — U.S. Cellular has announced upcoming closures across the nation, including Missouri stores in Springfield, Lebanon and West Plains, per a Worker Adjustment and Retraining Notification (WARN) notice received today by the Missouri Office of Workforce Development. A WARN Notice is required by law when announcing major layoffs and/or closures. The announcement says the closures will begin on June 2, 2025. U.S. Cellular says they're selling their wireless operations, customers and nearly 30% of it's licensed spectrum to T-Mobile. That means around 4,100 across the nation will lose their jobs as part of the sale, but it's unclear how many will be impacted in Missouri. In the announcement, U.S. Cellular says they've made arrangements with T-Mobile to offer jobs to a majority of workers impacted at their current salary and benefits. The address of the stores impacted in Ozarks First's viewing area are: Springfield – 3825 S. Glenstone Avenue West Plains – 1725 Gibson Avenue Lebanon – 1830 S. Jefferson Avenue Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
02-04-2025
- Business
- Yahoo
Snack maker Hearthside emerges from Chapter 11 as Maker's Pride
Hearthside Food Solutions has emerged from Chapter 11 bankruptcy protection under a new name after completing a financial restructuring. The move has allowed the US-based snack maker to shed approximately $2bn of funded debt, 'positioning the business for significant long-term growth', the company said in a statement. Hearthside filed for voluntary prearranged Chapter 11 cases in the US Bankruptcy Court for the Southern District of Texas in November. Maker's Pride now has approximately $600m in liquidity, which includes $200m raised through an equity rights offering and around $190m secured through a new asset-backed loan facility. In the statement, the company said: 'Maker's Pride moves forward as a well-capitalised company under the majority ownership of a group of its existing lenders, including funds managed by Apollo and Oaktree Capital Management, L.P.' The Illinois-based company was acquired by PE firms Charlesbank Capital Partners and Partners Group Holding in 2018. Just Food asked Maker's Pride's representatives if either or both of Charlesbank Capital Partners and Partners Group Holding still own any equity in the company - and, if not, what they received for their shares. The company's representatives referred this publication back to this week's statement. In the statement, Maker's Pride CEO Darlene Nicosia said: 'With a healthy balance sheet and additional capital to achieve our goals, we are well-equipped to continue serving our customers with excellence." The company, which has 27 facilities, offers products including baked, refrigerated, and frozen foods, as well as sweet and salty snacks and nutrition bars. In March, the company revealed plans to close its Anaheim plant, a move that will affect 175 jobs. A Worker Adjustment and Retraining Notification (WARN) filed with the California Employment Development Department indicated that the plant is set to close by 27 April. "Snack maker Hearthside emerges from Chapter 11 as Maker's Pride" was originally created and published by Just Food, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
