Liberalism: Do You Agree We've Had Enough of It? Message Board

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Politics : Liberalism: Do You Agree We've Had Enough of It?

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To: TideGlider who wrote (128611)	4/2/2012 9:35:30 AM
From: Hope Praytochange	2 Recommendations of 224748

Dow Chemical to close 4 plants in cost-saving move 04/02 09:31 AM (Reuters) - Dow Chemical Co said on Monday it is closing four plants and laying off 900 workers in Europe and North America, part of a plan to slash annual costs by $250 million amid the global economic downturn. Dow will record $350 million in one-time charges for the closures. Dow said it will close Styrofoam plants in Illinois, Hungary and Portugal, as well as a Brazilian plant that produces toluene diisocyanate, a chemical needed to make polyurethane. About $110 million will go to laid-off workers, Dow spokeswoman Rebecca Bentley said. The company has roughly 52,000 workers around the world.

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