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Old Old OC
Dallas, TX
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Matline is not going away. In fact, business is improving. Talked to someone in the know and the improving economy is "wind at the back" for the operation. Glad to see the old CEO leave. Made the wrong decision on curtailing this plant with a long and storied reputation of delivering quality. Worked in both places and the Aiken plant will never "get" quality. Just a fact.nThat being said, the downfall of this plant was a resistance to change. Hope those remaining have that ability. Its the secret of survival in today's world. Best of luck to those remainging!
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Iron Eagle
Tyrone, PA
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The downfall of the Aiken plant will be charging higher prices for low quality products. I wonder how many big customers they have lost over all this. If you have a high quality product that is in demand from the customers that are willing to pay a higher price for the yarn.... why do YOU need to change??? Think about this for a minute... Companies change CEOs, company presidents for a reason.....
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ConcernedEmploye e
Mifflintown, PA
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Iron Eagle wrote: The downfall of the Aiken plant will be charging higher prices for low quality products. I wonder how many big customers they have lost over all this. If you have a high quality product that is in demand from the customers that are willing to pay a higher price for the yarn.... why do YOU need to change??? Think about this for a minute... Companies change CEOs, company presidents for a reason..... The situation couldn't be explained any better. I visited our beloved exCEO's linked in profile. He describes himself as "Successful CEO in ..." I'm thinking: "Successful at what? Running a company into the ground? Hell yes." Other than that, he had to have known what he was doing. And where was Kohlberg & Co? Their job was to try to turn the company around (flip) and sell for a profit. You'd think they'd at do a little "micromanaging" or at least study which of the two plants carried the company. They have representatives on the board of directors at AGY. With that said, not everybody involved in upper management there and its parent company (K) can play dumb and blame the exCEO for everything. Unless he intentionally tried to hide as much as possible from as many people as possible, we may as well assume that all of them were in on it.
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ConcernedEmploye e
Mifflintown, PA
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As far as changing and adapting is concerned for the Huntingdon plant, it's a shame that the "powers that be" at OC and AGY didn't invest in the plant over the years. The vast majority of the plant hadn't seen an upgrade or major overhaul since the 60's or so... In a way, NONE of this can be blamed on the workforce's ability to "adapt" or "change." If the company was willing to invest in its own future, it would invest in its well performing (American) factories. Our factory performed well. That fact can't be hidden. All Mattscheck had to do was keep the doors open. And EVEN in this economy, we were turning customers away... Who does this guy look up to? Kenneth Lay?
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Old Old OC
Dallas, TX
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Took a look at the year end 10-K. Does not look good.
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Iron Eagle
Altoona, PA
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Aiken upper management's arrogance is what screwed it all up. They thought they could take the entire process and run with it.... easier said than done! It looks like they will try to produce some of the "high quality" in demand yarns in China. The Huntingdon plant was #1 at producing high quality Glass Fiber Yarns that were in demand from our customers. Can the exact same be said for the Aiken plant right now?? Maybe we should ask Mattscheck.... oh yeah that's right......
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Nice Move
Huntingdon, PA
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Well did they sell that place yet?
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Iron Eagle
Altoona, PA
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Hey, maybe Romney will buy it & relocate the remaining machines & equipment to China or Mexico. I heard he's pretty good at that!
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Nice Move
Huntingdon, PA
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Iron Eagle wrote: Hey, maybe Romney will buy it & relocate the remaining machines & equipment to China or Mexico. I heard he's pretty good at that! Well, the previous machines were moved after Obama became president and Ed Rendell was governor.
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Truth beTold
State College, PA
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Men like Romney have billions in their bank accts by relocating plants & paying foreign workers 75 cent an hour! This recession is killing the "Working Class" in this country, not millionaires or billionaires!
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Old OC
Dallas, TX
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Any new news on the CFM business sale?
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Old Winder
Huntingdon, PA
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The AGY "Titanic" has sunk.......let it go people......AGY/OC will NEVER be back......better to just dismantle the building.....nobody want's it.....LET IT GO!!!!!
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mat man
Orrtanna, PA
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20 of us still here in a lifeboat without paddles
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Truth be Told
Altoona, PA
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20 workers left in a plant that used to employee over 400... that's truly sad! That's Congress's "master plan"... get rid of all the unions & better paying jobs. Bring in crap that nobody wants!
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loyal for nothing
Huntingdon, PA
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So how long did it take you guys that were let go to get your sevrence pay? I am woking for a company that is going to do the same thing.
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Nice Move
Huntingdon, PA
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Your kidding right. We didn't get any severance pay. Not even a thank you.
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Gemini