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Prosperity in the Age of Decline

Prosperity in the Age of Decline

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Matrix Metals to Close Richmond, TX Plant

Matrix Metals LLC will lay off 160 workers from its Richmond Foundry facility and will permanently close the plant, according to a WARN letter sent to the Texas Workforce Commission.

“Despite the combined efforts of management and labor the past year to improve productivity, quality and delivery, Richmond Foundry simply cannot operate against such dramatically lower sales volumes,” according to the letter.

Source: Houston Business Journal

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Valve Magazine Digital Edition

14 SUM CVR 160x214Inside the Summer 2014 issue…

• Attracting Talent
• Advances in Machining
• Severe Service in Power Plants
• SIS Tests and Standards

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