Rocky Staff and wire reports
Published January 28, 2009 at 12:05 a.m.
Denver-based Johns Manville Corp., the building and insulation manufacturer owned by Warren Buffett's Berkshire Hathaway Inc., will fire 100 employees, the Toledo Blade reported, citing Jim McCormick, a plant manager in Waterville, Ohio.
The layoffs are the result of declining orders in the housing and auto sectors, McCormick said. The layoffs will take place around April 1, the newspaper reported.
Johns Manville employs 500 people at two factories and divisional headquarters in Waterville, the newspaper said.
Political Animal - New Zealand Politics
Share Investor Blog - Stockmarket & Business commentary
Share Investor New Zealand Business News- Get more business news
Shareinvestorforum.com - Discuss this topic further
The Intelligent Investor: The Definitive Book on Value Investing. A Book of Practical Counsel (Revised Edition) by Benjamin Graham
Buy new: $14.95 / Used from: $10.77
Usually ships in 24 hours