Cabot shuts down W. Va. plant
April 8, 2008 02:31 PM
E-mail|
|Comments
()|
Text size
–
+
Boston-based Cabot Corp. has shut down its carbon black plant in Waverly, W.Va., because of changes in the tire manufacturing industry.
Cabot said the plant ceased operations March 31.
Carbon black is used to reinforce rubber. Cabot says it is reducing its production capacity because tire manufacturing is shrinking in North America while growing in China and other countries in the Asian Pacific region and in South America.
Cabot had announced the plant closing in June and said 48 employees would be affected.
(AP)
Comment
Permalink
E-mail
