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November 10, 2009
Kolbe & Kolbe Millwork Co. Inc. announced today that it is laying off 334 of its production and office employees as a result of the continuing decline in the residential and light commercial construction industry. Most of the affected employees work at the company’s Wausau facility. Kolbe president Michael Salsieder says he anticipates the lay-off to be a temporary measure.
“While it is our desire to recall as many of the laid-off employees as possible in the early spring, the precise number will be determined by the resiliency of the economy and its ability to return to a normalcy that will result in sustained levels of sales revenues to justify employment levels we have previously experienced,” he says.
He adds that the decision was not taken lightly, and is being done to insure the long-term strength of the Kolbe organization.
“We know and understand that our employees appreciate that Kolbe has exhausted all alternatives in its effort to ride out the worst economic conditions since the Great Depression, but it was necessary to take these measures to insure that Kolbe will be a strong company, a stable employer, and a market leader for many years to come,” adds Salsieder.
He also added that Kolbe is appropriately staffed in the manufacturing plant and in the office to provide the highest level of service.
“We will smartly manage our business to the current and anticipated workloads and, as the economy recovers, we will have the flexibility to increase the manpower required to meet the increasing demand for our products throughout North America,” he says.
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