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

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.

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