Article: CRUCIBLE OWNER TO HIRE 200; COMPANY BUYING MILL EXPECTS TO HIRE MORE AS BUSINESS IMPROVES, BUT THERE'S NO TIMETABLE.(News)

Byline: Charley Hannagan Staff writer

Currently idled Crucible Specialty Metals will hire 200 workers within the first 60 days under its new owner, said Jack Jankovic, a partner in J.P. Industries Inc. -- the new owner of Crucible.

The company will hire more workers at the Geddes mill as business improves, he said. Jankovic said he doesn't know when the additional hiring will take place.

"Our plans are not certain in terms of the number of employees," he said.

J.P. Industries created a new company, Crucible Industries LLC, to buy the Crucible Specialty Metals plant for $8 million in bankruptcy auction. The new owner expects to close on ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!