Media Release August 19, 2007 Riordan Manufacturing to Relocate Certain American Manufacturing Facilities Riordan Manufacturing today announce that following a detailed assessment of its American manufacturing facilities, the companionship allow relocate its Atlanta Georgia plant to Monterrey, NL, Mexico. These changes will enable Riordan Manufacturing to extract cost savings, remain competitive in the marketplace resulting in an improved and more efficient globular manufacturing footprint. The assessment included an analysis of production requirements, equipment and production costs, in addition to real estate, logistic, and labor costs, all of which argon designed to meet or exceed Riordan Manufacturings current service and address capabilities. American employees whose positions are encroachmented will be pensionable for severance benefits and outplacement assistance consistent with the Companys policy. Retirement packages for certain(prenominal) employees impacted by these changes will be available found on age and service. Actual employee reductions will begin in January, 2008 and will be spread over the following some(prenominal) months. All transition activity is scheduled to be free by the end of March, 2008. These changes will have no impact on the San Jose, California, Pontiac Michigan and Hangzhou, China Facilities.
-ENDS- For media enquires contact: Carolyn Podshadley 1 (800) 555-2121 Background Riordan Manufacturing, Inc. is an application leader in the field of plastic injection molding. With state-of-the artistry design capabilities, innovative plactic designs are created that have earned outside(a) acclaim. Attention to detail, extreme precision, and enthusiastic quality control are the hallmarks of Riordan Manufacturing. (https://ecampus.phoenix.edu/secure/aapd/CIST/VOP/Business/Riordan/Internet/IndexPort.htm). Media Release Disbursement make: TitleMediumLanguage Atlanta Journal Constitution newspaper publisherEnglish Atlanta IntownNewspaperEnglish... If you want to get a panoptic essay, order it on our website: Orderessay
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