Labinal Power Systems Shifts Portions of Operations to Denton, Texas
Salisbury, Maryland Plant to Close by December 2016
Dallas, January 14, 2015
Labinal Power Systems (LPS) announces plans to transfer operations from their Salisbury, Maryland plant to its Denton, Texas location, resulting in the Salisbury plant closure by Dec. 31, 2016. LPS will systematically move operations from Salisbury to Denton beginning May 2015.
“In order to maintain our competitive position in the aerospace industry, we must restructure our North America operations and consolidate our wire manufacturing business into one U.S. facility,” said Jorge Ortega, Vice President, Labinal Power Systems North America.
Salisbury employees will receive transition packages, job training support and other transition-related assistance. Job counselors and educational specialists will be on site to offer assistance. This operational transfer will result in job growth at the Denton plant.
“We are extremely grateful to our employees,” said Tony Rodriguez, General Manager, Labinal Power Systems, Salisbury. “We also appreciate the years of support we have received from the Salisbury community.”
Originally posted at 10:00 AM 1-14-15