May 2 — Wastequip, a Cleveland-based company that manufactures equipment and containers for use in the waste handling industry, has announced a restructuring plan that will close several older plants while implementing environmental initiatives.The company hopes the efforts will reduce costs, energy use and carbon dioxide emissions.
Wastequip operates 35 manufacturing facilities nationwide. The company has not announced how many plants might shut down as part of the restructuring. However, company spokesman Jerry Samson said fewer than 10 facilities will close.
“At this time, weÂ´re still evaluating that,” Samson said. “All we really know is weÂ´re going to have it complete by the end of the year. Right now, we donÂ´t know the exact number of facilities because weÂ´re still in that process, but weÂ´ll probably have a pretty good idea of that in the next 45 to 60 days.”
Wastequip said it would offer the workers affected by the closings relocation opportunities or assistance in finding employment in their local communities.
The plants Wastequip closes will be among its older and least efficient facilities, according to the company. Efficiency improvements at newer plants have resulted in production capacity gains that eliminate the need for the less efficient plants, according to the company.
Wastequip also plans to benefit from green initiatives at its remaining plants that will include increased use of energy efficient lighting and heating, ventilation and air conditioning [HVAC] controls. The companyÂ´s Winamac, Ind., plant already has put those measures in place and received an environmental stewardship award from the Indiana governorÂ´s office. More…