As of 12:00 pm Thursday, Tyler Pipe's South Plant is closed through 2009. Tyler Pipe's representatives say the downturn in the economy and the rapid decline in the new housing construction have forced the company to stop production in its South Plant.
The South Plant produces ductile iron waterworks fittings, which Tyler Pipe says are closely correlated with new housing construction. How long the South Plant remains closed, they say, is still up in the air. They say it all depends on the economy.
Around 185 workers have been laid off. Some of them, however, will be transferred to the North Plant. Tyler Pipe says it will also be providing job placement support. You may remember in October we told you Tyler Pipe will be downsizing to just one shift at its North Plant. That results in the elimination of about 85 jobs. Those layoffs are still expected to take place at the end of the month.
"We very much regret that this action has become necessary, and we have explored all feasible options to avoid job reductions in Tyler," said Richard Tatman, VP & GM. "These are dedicated employees that have allowed us to deliver quality products manufactured in a safe and environmentally compliant facility. The announcement today should not detract from their excellent contributions to the plant and our company. It is simply the result of eroding market demand tied to the decline in national housing starts".