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Nordic Tugs ceasing production and furloughing staff

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Mariner
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Posts: 1450
Joined: Mon Apr 17, 2006 11:18 am
Location: Gig Harbor, WA

Nordic Tugs ceasing production and furloughing staff

Post by Mariner »

I would say this is an "indefinite" temporary closure. It doesn't look good for them, unfortunately.
NORDIC TUGS ANNOUNCES TEMPORARY PLANT CLOSURE
Burlington, Washington (August 25, 2010) –Nordic Tugs announced today it will
temporarily close its Burlington manufacturing plant on August 31. This step has been
forced by the ongoing effects of the Great Recession, and the reluctance of customers
to order new boats. While most employees will be furloughed, a skeleton staff will
remain to field customer inquiries and maintain the plant in readiness to resume
production when business dictates.
NT_Plant_Closure_Release.pdf
http://www.nordictugs.com/news/news.aspx
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