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Newsclips.

Publication: Plastics News
Publication Date: 19-DEC-05
Format: Online
Delivery: Immediate Online Access
Full Article Title: Newsclips.(Hunt-Wilde Corp. laid off 55 workers)(Graham Packaging Co. closed its facility)(ADAC Plastics Inc. employed 20 members)

Article Excerpt
Hunt-Wilde selling assets, 55 jobs lost

TAMPA, FLA. - Tampa-based injection molder Hunt-Wilde Corp. announced Dec. 9 that it is shutting down and liquidating its assets.

About 55 jobs will be lost.

Citing overseas competition, namely from China and Mexico, the manufacturer of handle grips will be out of business in a matter of weeks.

Hunt-Wilde officials said they tried various cost-cutting measures, but no efficiency improvements could offset the loss of market share.

"We have tried numerous efficiency improvements to compete with foreign manufacturers, such as waste reduction, streamlining...

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