It's a rare thing that you see a pair of big job loss announcements in northwest Arkansas so close together. Last week, Superior Industries International of Van Nuys, California, announced it was going to close its plant in Rogers leaving 500 people out of work. And late yesterday, word of another 250 jobs lost in Springdale.
According to The City Wire:
APEX Tool, formerly Danaher Tool, employs roughly 250 workers whose jobs will be moving to South Carolina in 2015.
"APEX Tool Group has made the difficult decision to close our manufacturing facilities in Dallas, Texas and Springdale, Ark., by the end of 2015, and to consolidate production of our Made in the USA brands to an existing facility we own in Sumter, S.C.," the APEX Tool Group noted in a statement. "We plan to add 150 to 200 jobs in Sumter to handle this additional capacity, and our associates in Dallas and Springdale whose jobs are impacted will have the first opportunity to apply for these positions. ..."
The job cuts begin next year.
According to a report last week by the U.S. Department of Labor, the Fayetteville-Springdale-Rogers metropolitan area had the lowest unemployment rate of Arkansas metropolitan areas in June at 4.9 percent.
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