Thursday, October 6, 2011

Clopay consolidating operations to Troy - Houston Business Journal:

http://www.autobar24.com/volkswagen/132-vw-navigation-dvd-europe-2009-v6.html
The move, announced will add 300 jobs. The company would not disclosde itstotal employment, but said the Troy plangt will have less than 500 workers after the consolidation. The project will be completed inearlgy 2011. Mason-based Clopay currently operates four manufacturinyg facilitiesin Troy; Russia — northwest of Dayton in Shelby County — ; Baldwin, Wis. and Wash. All of the operationds conducted in the Baldwin planr and substantially all of the operationsz conducted in the Russia facility will be relocate d to Troy and the Baldwin facility will be All active employees at the Russi facility are being offered employment at theTroy , the parent company of said it will take a charges of about $12 milliojn for pre-tax exit and restructuring, and make a capitalk investment of about $11 million.
Jericho, N.Y.-basec Griffon (NYSE: GFF) is a diversified holding company.

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