AK Steel is closing a plant that has sat mostly idle for the better part of three years, a move that will impact 260 of the company's employees.
West Chester-based AK Steel Holding Corp. (NYSE: AKS) submitted a Worker Adjustment and Retraining Act (WARN) notice to the state of Kentucky on Sept. 3, notifying officials that it plans to permanently close its Ashland Works plant at 170 Armco Drive in Ashland by the end of 2019, laying off all 260 employees.
Layoffs will occur as the closure takes place in phases, starting on Nov. 4 with 176 employees losing their jobs. Phase two will take place during a two-week period starting Dec. 17, with the remaining 84 workers separated from the company.
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http://www.bizjournals.com/cincinnati/news/2019/09/06/ak-steel-laying-off-260-employees-in-plant-closure.html?ana=yahoo&yptr=yahoo
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