Virginia Businesses in the News


Cutbacks and Closings
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For the Record is compiled from company releases, business journals and newspaper reports from around the state. If you have an item for these listings:

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For the Record
Virginia Business Magazine
P.O. Box 85333
Richmond, VA 23293

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USF Red Star, a trucking subsidiary of Chicago-based USF Corp., announced plans to close and sell all 27 of its freight terminals on the East Coast, including those in Richmond, Roanoke and Winchester, with a loss of 129 jobs in Virginia. The closings follow disputes over efforts at labor organizing. (05/27/2004, Richmond Times-Dispatch)

Auto Truck Transport, a long-haul truck delivery service owned by Wisconsin’s Automotive Carrier Services, plans to shut down its Dublin operations, laying off 100 drivers and shop workers. Another 67 workers will receive rights to transfer to other Auto Truck facilities around the country. Auto Truck had delivered trucks from Volvo North American’s plant but that work was recently leased to Swift Transportation. (05/25/2004, The Roanoke Times)

Matria Healthcare, a Roanoke provider of services to health plans and employers, laid off 25 employees engaged in support functions at the Diabetes Self-Care office. The company said the move was made to improve efficiency. (05/21/2004, The Roanoke Times)

Duke Energy, a North Carolina-based utility, decided to cancel plans to build a $250-million gas-fired power plant in Wythe County. Rising costs of natural gas and a shifting of company strategies led to the decision. (05/18/2004, The Roanoke Times)

US Airways, an Arlington-based airline, announced plans to scale back operations in Pittsburgh in order to focus on shorter, nonstop flights to large cities. (05/06/04, The Washington Post)

 

 

 

 

 


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