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Contract glazier ASI suspends operations

Post Time:Jan 05,2012Classify:Industry NewsView:73

Contract glazier ASI Ltd. suspended operations at its Whitestown, Ind., plant on Dec. 30, according to a same-day statement from the company. "Management is currently reviewing its financial viability moving forward," company officials said in the statement. "It is hopeful that we can re-commence operations sometime in the near future."

At least 250 jobs were terminated as a result of the suspension, according to a Dec. 30 article from The Indy Channel news.

ASI was ranked 8th in Glass Magazine's Top 50 Glaziers list in 2011, with sales between $50 million and $100 million.

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Source: http://www.glassmagazine.com/news-item/commercial/contract-glazier-asi-suspends-operations-129201Author:

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