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Wednesday, May 30, 2012

Top Layoffs and Closings for the Week Ended May 28

The top layoffs and closings for the week ended May 28, 2012 are:

AVI Foodsystems Inc. will cease dining services at various locations affiliated with Cleveland Clinic in Ashtabula, Beachwood, Cleveland, Mayfield Heights, Lakewood and Warrensville, Ohio, on June 30, affecting 803 jobs.

The CHRISTUS Santa Rosa Health System will eliminate 400 jobs in San Antonio, Texas, beginning on July 31 through Aug. 31, 2012.

Del Monte Foods will close its peach processing plant in Kingsburg, Calif., over the next year, with the loss of 70 full-time and 1,100 season jobs.

General Mills, Inc., will terminate 850 jobs companywide in an effort to reduce costs.
Hewlett-Packard Company will reduce its workforce by 8%, or about 27,000 jobs, by October 2014.

HSBC USA Inc. will lay off 100 former HSBC employees who were transferred to Capital One Financial Corp. along with HSBC's U.S. credit card unit, by the end of 2012.  It will also cut 200 jobs from its mortgage operation in Depew, N.Y.

Medtronic Inc. will terminate 1,000 jobs companywide as part of the company's downsizing.

MV Transportation, Inc., will shut down its facility in Arcadia, Calif., and lay off 375 employees effective on June 30, 2012.

New Process Gear, Inc., will close down in East Syracuse, N.Y., and eliminate 406 jobs from Aug. 20 until Sept. 2, 2012.

Pratt & Whitney has cut 300 salaried jobs, including 200 in Connecticut, amid decreasing spare-parts sales and increasing development costs.

Information is provided by the Plant Prospector. For more information on the product, follow this link http://bankrupt.com/periodicals/pp.html. The Plant Prospector is a weekly e-mail service that identifies national, regional, and local plants and businesses in transition through layoffs, closings, and work force reductions. A reduction in the number of employees is an indication of a current or imminent change in the operations of an enterprise and is invaluable in identifying companies including private firms, small public companies, and subsidiaries of major corporations that are in flux. Plant Prospector is an ideal prospecting tool for firms that provide services to businesses in transition, such as temporary employment agencies and outplacement firms, and for companies whose business may be affected by change, such as suppliers, professional firms, and insurance companies.

Tuesday, August 16, 2011

Central Parking Systems Cuts 254 Jobs in St. Louis

Central Parking System will shut down its location in St. Louis, Mo., and terminate 254 jobs effective on Aug. 31, 2011.  The Company recently lost a parking management contract with Lambert-St. Louis International Airport, in which it received $685,000 a year, plus expenses. 

Central Parking System is a leader in professional parking management.  With offices in all major metropolitan areas in the United States, the Company operates more than 2,500 parking facilities containing 1.2 million spaces.  The Company's clients include some of the nation’s largest owners and operators of mixed-use projects, office buildings, hotels, stadiums and arenas as well as airports, hospitals and municipalities.

Information is provided by the Plant Prospector. For more information on the product, follow this link http://bankrupt.com/periodicals/pp.html.

The Plant Prospector is a weekly e-mail service that identifies national, regional, and local plants and businesses in transition through layoffs, closings, and work force reductions. A reduction in the number of employees is an indication of a current or imminent change in the operations of an enterprise and is invaluable in identifying companies including private firms, small public companies, and subsidiaries of major corporations that are in flux. Plant Prospector is an ideal prospecting tool for firms that provide services to businesses in transition, such as temporary employment agencies and outplacement firms, and for companies whose business may be affected by change, such as suppliers, professional firms, and insurance companies.

Caribbean Cove Hotel Closing on Oct. 9

The Caribbean Cove Hotel and Water Park plans to shut down operations in Indianapolis, Ind., and lay off 206 employees effective on Oct. 9, 2011.  The owner, General Hotels Corp. plans to sell the hotel to prospective buyers by Sept. 12 due to a weak economy and increased competition.

The Caribbean Cove Hotel and Water Park is a 344-room hotel in Indianapolis, Ind.  The hotel has an indoor water attraction, with its distinctive brightly painted water tubes wrapping around the outside of the building

Information is provided by the Plant Prospector. For more information on the product, follow this link http://bankrupt.com/periodicals/pp.html.

The Plant Prospector is a weekly e-mail service that identifies national, regional, and local plants and businesses in transition through layoffs, closings, and work force reductions. A reduction in the number of employees is an indication of a current or imminent change in the operations of an enterprise and is invaluable in identifying companies including private firms, small public companies, and subsidiaries of major corporations that are in flux. Plant Prospector is an ideal prospecting tool for firms that provide services to businesses in transition, such as temporary employment agencies and outplacement firms, and for companies whose business may be affected by change, such as suppliers, professional firms, and insurance companies.

CareFusion Closing California California Manufacturing Facility

CareFusion Corporation will terminate 270 jobs as it closes its ventilator manufacturing facility in Palm Springs, Calif., in June 2013.  The job cuts are about 2% of its total workforce of 15,000.

CareFusion is closing the plant as it is consolidating production of ventilators at a plant in Minneapolis, Minnesota.

CareFusion Corporation is a global medical technology company.  The Company offers product lines in the areas of IV infusion, medication and supply dispensing, respiratory care, infection prevention and surgical instruments.

Information is provided by the Plant Prospector. For more information on the product, follow this link http://bankrupt.com/periodicals/pp.html.

The Plant Prospector is a weekly e-mail service that identifies national, regional, and local plants and businesses in transition through layoffs, closings, and work force reductions. A reduction in the number of employees is an indication of a current or imminent change in the operations of an enterprise and is invaluable in identifying companies including private firms, small public companies, and subsidiaries of major corporations that are in flux. Plant Prospector is an ideal prospecting tool for firms that provide services to businesses in transition, such as temporary employment agencies and outplacement firms, and for companies whose business may be affected by change, such as suppliers, professional firms, and insurance companies.

Baystate Health Laying Off 354 Staff

Baystate Health plans to eliminate 354 jobs in Springfield, Mass., on Aug. 19, 2011, or about 3.5% of its total workforce.

Baystate and other hospital in Massachusetts are faced with deep cuts in Medicaid, which is responsible for insuring low-income patients.  The health system lost an estimated $26.5 million last year because of underfunding of Medicaid.

Baystate Health is a not-for-profit health care system headquartered in Springfield, Massachusetts, serving Western Massachusetts and the Knowledge Corridor Region of Massachusetts and Connecticut.  The system has 4 hospitals, over 80 medical practices, and 25 reference laboratories.  With 10,000 employees including 1,600 physicians, Baystate Health is one of Massachusetts' largest employers.


Information is provided by the Plant Prospector. For more information on the product, follow this link http://bankrupt.com/periodicals/pp.html.

The Plant Prospector is a weekly e-mail service that identifies national, regional, and local plants and businesses in transition through layoffs, closings, and work force reductions. A reduction in the number of employees is an indication of a current or imminent change in the operations of an enterprise and is invaluable in identifying companies including private firms, small public companies, and subsidiaries of major corporations that are in flux. Plant Prospector is an ideal prospecting tool for firms that provide services to businesses in transition, such as temporary employment agencies and outplacement firms, and for companies whose business may be affected by change, such as suppliers, professional firms, and insurance companies.

Amcor Closing Deran Facility and Lay Off 180

Amcor Rigid Plastics will lay off 180 employees as it closes its plant in Delran Township, N.J., by the end of the year. Amcor acquired the facility in 2010 when it bought Ball Corp.’s plastic packaging operations in the Americas.

Amcor Rigid Plastics, formerly known as Amcor PET Packaging, is a leading manufacturer of polyethylene terephthalate (PET) containers in the Americas.  Customers include the food industry (dressings, sauces, and fruit and nut spreads) and beverage producers (soft drinks, water, juices, dairy, and spirits).  It also supplies non-food applications from household cleaners to liquid soap and lotion, hair care, pharmaceutical, automotive, and agro-chemical goods.

Information is provided by the Plant Prospector. For more information on the product, follow this link http://bankrupt.com/periodicals/pp.html.

The Plant Prospector is a weekly e-mail service that identifies national, regional, and local plants and businesses in transition through layoffs, closings, and work force reductions. A reduction in the number of employees is an indication of a current or imminent change in the operations of an enterprise and is invaluable in identifying companies including private firms, small public companies, and subsidiaries of major corporations that are in flux. Plant Prospector is an ideal prospecting tool for firms that provide services to businesses in transition, such as temporary employment agencies and outplacement firms, and for companies whose business may be affected by change, such as suppliers, professional firms, and insurance companies.

Tuesday, August 2, 2011

Omega Healthcare Investors, Inc., will close four skilled nursing & rehabilitation centers in Connecticut and ultimately lay off a total of 575 workers at the facilities. 

The skilled nursing & rehabilitation centers -- Bishops Corner in West Harford, Rocky Hill, Soundview in West Haven and University in New Haven -- have been in state receivership since January.

In April, the Superior Court has previously ordered the skilled nursing & rehabilitation centers shut down due to their poor financial condition.  All four skilled nursing & rehabilitation centers previously belonged to Haven Healthcare, which filed for Chapter 11 on Nov. 20, 2007, after suffering financial problems and repeated citations for deficient patient care.  Judge Albert S. Dabrowski of the United States Bankruptcy Court for the District of Connecticut dismissed the Chapter 11 cases of Haven Healthcare Management LLC and its debtor-affiliates on Aug. 15, 2008.

Omega Healthcare Investors, Inc., is a Real Estate Investment Trust (REIT) providing financing and capital to the long-term healthcare industry with a particular focus on skilled nursing facilities located in the United States.  At March 31, 2011, the Company owned or held mortgages on 398 skilled nursing facilities, assisted living facilities and other specialty hospitals with approximately 46,172 licensed beds (44,425 available beds) located in 35 states and operated by 50 third-party healthcare operating companies. 

Information is provided by the Plant Prospector. For more information on the product, follow this link http://bankrupt.com/periodicals/pp.html.

The Plant Prospector is a weekly e-mail service that identifies national, regional, and local plants and businesses in transition through layoffs, closings, and work force reductions. A reduction in the number of employees is an indication of a current or imminent change in the operations of an enterprise and is invaluable in identifying companies including private firms, small public companies, and subsidiaries of major corporations that are in flux. Plant Prospector is an ideal prospecting tool for firms that provide services to businesses in transition, such as temporary employment agencies and outplacement firms, and for companies whose business may be affected by change, such as suppliers, professional firms, and insurance companies.