ROANOKE, Va. -- RBX Industries Inc.,
a leading manufacturer and supplier of closed cell foam materials and
custom rubber compound, announced on Monday their intention to close three
of six North American manufacturing facilities between April 2 and April
16, 2004. Those operations effected are located in Bedford VA, Tallapoosa
GA, and Colt AR.
The decision to terminate those operations was directly related to continued
financial losses associated with those locations driven by overcapacity
in the rubber industry and continued weakness in the general manufacturing
RBX has had a...
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