Quantcast
breaking news

DCOA Helps Abilene Business Buy Local Plant, Saving Jobs

By: Gina Benitez and Stetson Samuel
Updated: May 3, 2012
The Development Corporation of Abilene is helping Rentech Boiler Systems buyout Peerless Plant.

Peerless recently announced plans to close its manufacturing company. Rentech was already trying to expand, and with the buyout, most employees at Peerless will be able to keep their jobs.
The DCOA calls the move a win-win situation.

"Very good news for the employees most of all. It's great news for Rentech too. They were anticipating having to build a new building. This saves them a lot of money, to be able to consolidate some of their operations," said Richard Burdine with the DCOA.

About 30 former employees of Peerless will be new employees of Rentech.

Comments

Readers Feel...

hello
Related Content

One run.... one kick... one chance to be a champion....

There are several things you should consider before donating for disaster relief....

Why your regular programming is interrupted by severe weather updates, even though it isn't right outside your window....

Take a close look at your sunscreen this summer. The FDA hopes new labels will make it easier for consumers to choose the best products to protect against the sun....

Summer is just around the corner, and while many are expecting the Texas heat, people also can't forget about their pets...

The 70's cult classic musical, "The Rocky Horror Picture Show", gained a huge following after its release. Since then, there have been many adaptations including theatre....

Many high school seniors are getting ready to graduate and step into summer vacation. Before that can happen, some are planning to throw a party....

The Abilene Cultural Affairs Council is gearing up for one of its creative season. Their Children's Art and Literacy Festival will transform into the brilliant world of Walter Wick....

The West Texas Rehab Center specializes in many conditions, but one in specific, focuses on the development of a child's head....

Lisa Grant was accused of mooning her son's school bus last November and was convicted on a charge of disorderly conduct this week....

 
Find Articles Here
 
End
      Page 948 of 640
 
Search BigCountryHomepage.com