200 layoffs expected at Shreveport's Libbey Glass - KSLA News 12 Shreveport, Louisiana News Weather & Sports

200 layoffs expected at Shreveport's Libbey Glass

File: Libbey Glass worker, Sept. 2011 File: Libbey Glass worker, Sept. 2011

Libbey has announced plans to cut 200 jobs at its Shreveport production facility.

The announcement came in a Thursday morning conference call for investors, followed with a statement released on their web site.

The statement reads,"As part of its ongoing efforts to improve Libbey's cost structure and overall financial position, the Company today also announced a tentative plan to exit sales of certain glassware items, realign production in North America and reduce its manufacturing capacity at its Shreveport, LA, facility.  The tentative plan will be further discussed with the United Steelworkers (USW), which represents Libbey production and maintenance employees in Shreveport.  The realignment, if implemented as currently contemplated, would result in a reduction in Shreveport affecting approximately 200 positions. Some production would be relocated to Libbey's facilities in Toledo, Ohio, and Monterrey, Mexico. Existing staff would handle the relocated production in Toledo and Monterrey.  The vast majority of Libbey customers would not be impacted."

"These changes would enable Libbey to reduce manufacturing capacity and improve asset utilization across our North American facilities, while continuing to meet the needs of our customers worldwide," (Libbey chief executive officer Stephanie) Streeter said. "We regret the impact these changes would have on our affected Shreveport associates, but they are necessary to strengthen Libbey's financial and competitive position."

Union representatives plan on meeting with company officials to discuss severance and health benefits for workers after they are laid off.

"So as a stop measure, to stop to hopefully find new employment so they can make it until they find another job", says Staff Representative David Broussard with United Steel Worker's Union.

"I think it really will affect it majorly because a majority of our customers do come from the plant," says Mleah Hassan at the Stop N Shop gas station. She says the gas station sees at least 30 customers a shift from the Libbey Glass plant.

Union representatives and company officials will meet Friday at 9 a.m. at the Libbey Glass location in Shreveport.

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