Textile dyeing company is closingAnother 136 people go onto the government unemployment line. Expect Webb and Warner to shed the expected tears. And to continue their efforts to worsen the problem.
By Sarah Bruyn Jones, Roanoke Times
Fred Whitaker Co. will shut its doors on March 31, laying off all of its 136 employees.
Executives of the Roanoke industrial textile dye company made the announcement Wednesday, telling employees that the business was no longer viable.
"We've struggled really hard the last two years with losing money and trying to recover," said Becky Reynolds, director of human resources. "Everybody is looking for a cheaper source. We've had such a decline in orders that we just hit that point."
The fierce local, national and international competition facing the textile industry coupled with the recession ultimately led to dwindling orders and the decision to close, Reynolds said. [link]
May God have mercy.