Precision Castparts lays off 74 in Huntington - WOWK 13 Charleston, Huntington WV News, Weather, Sports

Precision Castparts lays off 74 in Huntington

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Special Metals Corp. said Monday that it had laid off 74 workers at its Huntington works and another seven at a nearby plant at Burnaugh, Ky.

"The layoffs were due to adverse general industrial market conditions," Dwight Weber, spokesman for Precision Castparts, Special Metals' parent company, said in an email. "These folks were primarily in production and maintenance. We will recall them as business improves.  542 hourly employees will be left at Huntington and 125 at Burnaugh, post layoff."

According to the Precision Castparts website, the Huntington plant is the company's principal production site in the U.S. It is supported by Burnaugh and a facility at Elkhart, Ind. The website says the Huntington facility is the largest of its type in the world devoted exclusively to the development, production and sale of nickel alloys. Within the 130-acre are fully integrated production facilities, research and development laboratories and administrative offices.

Precision Castparts acquired Huntington and Burnaugh when it bought Special Metals Corp. The plants formerly were owned an operated by Inco Ltd. and operated as Inco Alloys International.