34 South Main St., Attleboro, MA - Directions - (508) 222-7000
Home News Sports Features classifieds milestones services photos tvlistings cars jobs realestate subscribe
News

Closing Mansfield plant to affect 80




MANSFIELD - Albany International said it expects the closing of its Mansfield plant will cost the company $2.6 million and will affect about 80 people.

The report came in a filing the company made with the U.S. Securities and Exchange Commission.

Relocation chances

More than half the employees will be offered relocation opportunities to other Albany International sites in the United States and Europe.

About $2 million will go to severance packages and other termination benefits, the company's filing said. Albany International first announced the Mansfield closing in April.

The company's core business is producing custom fabrics and belts used to make paper and paperboard.

Albany International employs about 6,100 people in 14 countries.

 


*Member ID:
*Password:
  Forgot Your Password?
 
View Comments » No comments posted. « Hide Comments


*Member ID:
*Password:
  Forgot Your Password?
 
 or