Sylvania Yarn Systems Inc. of Sylvania announced Wednesday that it will end all operations at its carpet yarn manufacturing plant by the end of the year. In a release the company cited the severe recession that the carpet industry has experienced for more than a year and the subsequent reduction in customer order volume at its plant.
The plant's closing will result in job losses for all of the 150 full-time employees at Sylvania Yarn. In the release, the company said it plans an orderly wind down of operations by Dec. 31.
Harry Batty, CE0 of Sylvania Yarn Systems, Inc., said, "We regret the impact of this plant closing on our loyal and hard-working employees. Our yarn products largely support manufacturers of commercial and residential carpeting.
“The customers of those firms have been severely impacted by the ongoing housing crisis, the downturn in the commercial real estate markets as well as the ongoing credit crisis. These factors have significantly reduced demand for our products."
Don Aaron, president of Sylvania Yarn System, Inc. said, "We have contacted local city and county officials to notify them of the planned plant closing. We have also contacted the Georgia Department of Labor and its State Rapid Response Team to coordinate on-site services for our employees as well as to coordinate future job search efforts for our employees.
“We will also be coordinating with other employers throughout the region in an attempt to match the very capable people who will be displaced from our workforce with all available openings.”
Sylvania Yarn Systems was established in Sylvania and Screven County in 1995. BASF operated the plant for 25 years previously and had put the plant up for sale in 1994. Aaron organized a group of employees and bought the plant. Sylvania Yarn had as many as 300 employees only four years ago.
The plant's closing will result in job losses for all of the 150 full-time employees at Sylvania Yarn. In the release, the company said it plans an orderly wind down of operations by Dec. 31.
Harry Batty, CE0 of Sylvania Yarn Systems, Inc., said, "We regret the impact of this plant closing on our loyal and hard-working employees. Our yarn products largely support manufacturers of commercial and residential carpeting.
“The customers of those firms have been severely impacted by the ongoing housing crisis, the downturn in the commercial real estate markets as well as the ongoing credit crisis. These factors have significantly reduced demand for our products."
Don Aaron, president of Sylvania Yarn System, Inc. said, "We have contacted local city and county officials to notify them of the planned plant closing. We have also contacted the Georgia Department of Labor and its State Rapid Response Team to coordinate on-site services for our employees as well as to coordinate future job search efforts for our employees.
“We will also be coordinating with other employers throughout the region in an attempt to match the very capable people who will be displaced from our workforce with all available openings.”
Sylvania Yarn Systems was established in Sylvania and Screven County in 1995. BASF operated the plant for 25 years previously and had put the plant up for sale in 1994. Aaron organized a group of employees and bought the plant. Sylvania Yarn had as many as 300 employees only four years ago.