RBX Industries, Inc. Announces Plant Closings

SpecialChem - Feb 5, 2004

  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 economy. RBX has had a...

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