Freedom Plastics president hopeful
JANESVILLE — The president of Freedom Plastics said today he’s hopeful new owners of the company’s assets will continue operations in Janesville, where Freedom employs about 80 people.
Assets of the financially troubled manufacturer of PVC pipe and fittings were auctioned off by a receiver to four companies for a total of about $11.5 million. Rock County Circuit Judge Kenneth W. Forbeck on Tuesday approved the auction results.
Westlake Chemical Corp. of Houston bid $6.3 million for Freedom’s Janesville pipe-manufacturing division, which employs 50 to 60 people. Harrington Corp. of Lynchburg, Va., bid $1 million for the 25-employee Janesville fittings unit.
A Harrington representative couldn’t be reached on Wednesday. A Westlake spokesman said that company doesn’t yet know what it will do with the Janesville pipe-manufacturing operation.
Freedom president Steve Scaccia said he believes, but he’s not certain, that Harrington and Westlake plan to operate in Janesville.
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By GAZETTE STAFF 05/15/12
Mar 22, 2009 at 9:21 p.m.
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Good luck with that.
Mar 22, 2009 at 4:17 p.m.
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We all knew this was coming, we knew that someday we would all be let go from freedom plastics. The operating money from the back ran out prior to the closing. the new owners can't tell us if we have a job until they close on the deal. As we were told thursday, there is a good chance we will be called back after the closing.
Mar 20, 2009 at 4:48 p.m.
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Check out:
http://www.harcofittings.com/
Mar 20, 2009 at 12:45 p.m.
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unknowncomic thanks for mention to Dave . he is a good lead person, easy to get along with.
good luck to all .
Mar 20, 2009 at 7:34 a.m.
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SarahB1...no worries. I (along with most in my department) could see this coming since about September. We KNEW something was going to happen and happen quickly...we just didn't know exactly what route they were going take. After the receivership announcement, we pretty much knew we were on borrowed time. Though seeing something coming is nerve wracking, it was also an advantage and my family and I were able to prepare for this! Now I get more time with my kiddos until I find another job! I feel bad for those who felt their jobs were secure, yet lost them. :-(
Mar 20, 2009 at 4:45 a.m.
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I feel bad for all who lost their jobs yesterday.Hope not many more to come.
Some of you have been there a long time.
Goog luck.
Mar 20, 2009 at 4:41 a.m.
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Wow !! I guess the new companies aren`t committed to keeping the people`s jobs.
Sorry for all who lost them. Sounds like
some poor moves were made by getting rid of
Dave. He was the reason Fabrication was so efficient. He was proof you don`t have to
be a jerk to get people to get work done.
Those people liked working for him.
Good luck Dave and everyone else who lost
their jobs.
Mar 19, 2009 at 6:46 p.m.
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Unkowncomic....it really didn't take a rocket scientist to see this coming. Unfortunately, most of Freedom Plastics' employees were laid off today...me included. Onto the next adventure life has to offer! :-)
Mar 19, 2009 at 3:17 p.m.
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Wow Snarly you sound so positive.Did you have
a bad day?
Mar 19, 2009 at 12:06 p.m.
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Prepare for the worst, hope for the best. There are no guarantees, but this is better than some other outcomes.
Mar 19, 2009 at 11:24 a.m.
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Can we say 80 people out of a job soon.Hate to see it happen but it is not looking good.
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