City of Shreveport and MBI Meeting
Working in a cooperative and collaborative effort, representatives of the City of Shreveport and MBI intend to meet in the near future to discuss the current status and path forward for MBI's occupancy of the facility in Shreveport and how the remaining steps might be expedited.
Beaird Company, Ltd. Bankruptcy Filing
On May 8, 2009, Beaird Company, Ltd. filed a voluntary petition under Chapter 11 of Title 11 of the U.S. Code in U.S. Bankruptcy Court.
Union Withdraws Charge Against MBI
On March 27, 2009, MBI received notice from the National Labor Relations Board that the UAW withdrew its charge against MBI.
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.