The impact of the severe state of the economy is being felt in every industry. Although the long-term business of MBI remains robust and is growing, MBI, like any other company, is required at times to make personnel decisions to maintain production and efficiency. The recent layoff of a small fraction of MBI employees at its Mansfield facility is a result of MBI’s efforts to work with and accommodate the needs of our customers, which are reflected by their own industries, while also remaining successful as a company in our industry. Due to the current economic climate, MBI’s need for domestic production capacity involving the scope of work operated out of the Mansfield facility has diminished. Many of MBI’s projects have not been cancelled, but have been put on hold or temporarily postponed by our customers. In order for MBI to stay successful in our own industry, we must maintain the flexibility required to respond to the market’s dynamic needs.
The plans for MBI’s Shreveport facility are independent of and unaffected by the recent lay-off in Mansfield. It has been MBI’s long stated intent to launch our new product lines in Shreveport, move current overseas jobs to Shreveport which were sent overseas as MBI worked through the lease agreement and issues related thereto, as well as transfer positions from other MBI locations.
MBI remains focused on securing the necessary permits, completing its due diligence in regard to companies and sectors as part of its short-term and long-term strategies, and assessing the scope of work required to upgrade the Shreveport facility. In regard to unfair labor practice allegations asserted by UAW against MBI, MBI is currently in the process of responding to these charges, all of which lack merit.
For additional information please refer to http://www.mbiupdate.blogspot.com/.
Shreveport Plant
Purpose for this Blog
It is MBI's intent to maximize the potential of this facility and leverage the unique core competencies into a long term and sustainable business model. Beaird was once a staple company for Shreveport and over the years had hired thousands of talented and skilled people.
Unfortunately, the facility has been sitting vacant since May 2008 and is in need of a major investment to bring it back to a position where it can safely operate and efficently compete. Moreover, many of its valued employees have been unemployeed and are wanting to go back to work.
As you know, we operate in a global marketplace and most of the heavy fabrication that the plant was designed for is now taken place overseas.
MBI is establishing a plan for this facility that will once again provide long term and sustaibable employment and provide a competitive domestic alternative for heavy specialized steel products.
We intend to use this blog as an venue to keep everyone updated on its progress.
Unfortunately, the facility has been sitting vacant since May 2008 and is in need of a major investment to bring it back to a position where it can safely operate and efficently compete. Moreover, many of its valued employees have been unemployeed and are wanting to go back to work.
As you know, we operate in a global marketplace and most of the heavy fabrication that the plant was designed for is now taken place overseas.
MBI is establishing a plan for this facility that will once again provide long term and sustaibable employment and provide a competitive domestic alternative for heavy specialized steel products.
We intend to use this blog as an venue to keep everyone updated on its progress.