Thursday, May 17, 2012
FORT SMITH The ILPEA Industries plant in Fort Smith has announced its intention to close because of lost business from the Whirlpool Corp. plant in town that is to shutter later this year. But ILPEA says the facility may stay open if union workers accept cuts in compensation.
The company issued a statement Wednesday saying the planned closure of the Whirlpool refrigerator plant would reduce income to the point that the plant can’t stay open under its present labor contract.
The plant has 34 workers and does business with companies other than Whirlpool. The plant had more than 100 workers a few years ago.
The Southwest Times Record reports the United Steel Workers Local 496 says it has requested information from the company so it can make a proposal.