TMK IPSCO in South Eastern Iowa to Layoff 75 Workers

TMK IPSCO, a manufacturer of steel pipes, has just announced that there will be 75 layoffs in a plant located within Camanche, Iowa; which is located with Clinton County in the South Eastern part of the state.

IPSCO, a tubular facility which employs around 225 people, has succumbed to the same problems facing companies across the nation, and will be cutting 75 workers from its staff.

Just less than a year ago, the company was involved in active hiring.

Ray Rarey, the Vice Preseident and Chief HR officer at the company said, “The effected employees were spoken to earlier this week, but they do not really take effect until this weekend.”

Rarey blamed the layoffs on the decline in demand for the product that the plant supplies.

Rarey also said, “The hope is that the market will turn back up and we will be able to recall all of these people.”

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