Anniston, Alabama: August 3, 2009 — Tyler/Union Foundry announced today a reduction in force of 45 hourly employees. A drop in sales, market conditions and the overall economy all contributed to this reduction in force.
Kent Brown, Assistant General Manger at Tyler/Union Foundry said, “This unfortunate reduction in force is necessary to position the Company to weather the current economic downturn. We are optimistic that when the economy rebounds Tyler/Union Foundry will be in a solid position to compete in the marketplace and resume normal operations.”
About McWane Inc.
McWane, Inc. is a family-owned business based in Birmingham, Alabama, with companies across the United States and the world. At the McWane Family of Companies, we cast ductile iron products--including pipe, valves, hydrants, fittings, and plumbing products--manufacture fire extinguishers, fire suppression systems, steel pressure vessels, and build network switches and monitoring equipment. We are the leader in delivering clean, safe drinking water around the world while focusing on the safe, environmentally-friendly manufacturing of our products. With more than 6,000 team members McWane has a longstanding commitment of support to the communities where we live and work.