CPFilms Slashes 39 Jobs

CPFilms eliminated 39 hourly production jobs on Thursday as part of its company-wide review of operations, its president said.

The positions include 24 regular employees and 15 temporary employees, said Kent Davies, CPFilms president. They were notified Thursday of the reduction, which takes effect immediately, he said. The company will provide severance packages based on years of service, and employees also will be offered health care beyond the normal Cobra payments, Davies said.

Also, a job center has been set up at the Dutch Inn/Quality Inn, and other area companies will be invited to come and talk to displaced CPFilms workers about job opportunities, he said. Computers will be set up and counselors will be available to help with résumés and job search strategies, he added.

The work force reduction is part of a comprehensive look at all aspects of the company’s business “to make sure each area ... is growing as efficiently as possible,” Davies said.

“This wasn’t a decision taken lightly,” Davies said Thursday. “We’re very optimistic about the future of our business. We want to make sure we’re doing the right things to optimize the cost structure and maintain a presence for the long term.

“The commitment to Martinsville is also a commitment to being No. 1 over the long term. We believe the category can grow; it can be significantly larger than it is today,” he added.

CPFilms has 500 employees in Martinsville and 700 overall. Its main plant is in Fieldale; others are in Canoga Park, Calif., and Runcorn in the United Kingdom.

The company produces window film for solar control, energy savings and other uses. Davies said there are many new products, such as films that enable electronic signals to be received in a vehicle and another that prevents eavesdropping. There are films with security applications and hurricane protection, and even anti-smash and grab films so someone could not shatter a car window and grab something like a purse from the inside, Davies said.

Its customers are worldwide, Davies said, and “markets are expanding geographically in many ways.”

Read the entire news on the source link below.

600450 CPFilms Slashes 39 Jobs glassonweb.com
Date: 17 March 2007
Source: Martinsvillebulletin.com

See more news about:

See more from these topics:

Others also read

The original shows its colours: State-of-the-art stand design and new developments at RENOLIT.
Eastman Performance Films, LLC, will return to the 2018 International Window Film Conference and Tint-Off™ (WFCT) this fall in San Antonio, Texas, as a Diamond-Plus sponsor. The company will once again feature both the LLumar® and SunTek® brands.
Only one annual event shines the spotlight on automotive, architectural, paint protection, security and decorative films as well as wraps—the International Window Film Conference and Tint-Off™.
Throughout the globe, SEKISUI S-Lec develops and sells film for laminated glass used in cars and buildings. 
Not one to rest on its laurels, SafeGuard Glass and Glazing has just completed a further stage of investment, despite completing a £1.5m investment into manufacturing capabilities and premises’ move in 2016.
Launched in September 2017, the Solar Smart Mobility project aims to develop and industrialise a total new production area in supple, transparent photovoltaic glazing adapted to transport applications.

From industry

Schaliënhoevedreef 20-D,
2800 Mechelen
Belgium

Da Vincilaan 1,
1935 Zaventem
Belgium

NEWS RELATED PRODUCTS

Vitro Architectural Glass (Formerly PPG Glass)

Add new comment