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ITAMCO Announces 25% Workforce Reduction

December 5, 2012

  12/06/12 Gary Neidig, Vice President of ITAMCO (Indiana Technology and Manufacturing Companies) in Plymouth and Argos released a statement Wednesday afternoon regarding the significant layoff announced on Tuesday.

The statement says:  We have recently been notified by a significant number of our customers of a pullback in their orders.  Unfortunately, we must reduce our workforce by 25%.  The workforce reduction affected both the Plymouth and Argos ITAMCO facilities.  We will continue to actively pursue new business, and hope that the economic environment improves during 2013.