The Ellwood Group purchased Leistritz Corp. of Rural Hall, N.C., a closed-die forger of gas and steam turbine blades, in 2012. Late last year, Ellwood Advanced Components filed a Worker Adjustment and Retraining Notification (WARN) notice with North Carolina’s Commerce Department indicating it will close its Rural Hall plant by mid-April 2016, with the first job cuts from its workforce of 144 starting by Jan. 17, 2014. The WARN Act notice is required if a company is conducting a job cut of more than 50 employees or if the plant is closing within a 60-day period. This news follows a pledge made within the past year by Ellwood Advanced Components, which operates the site, to create 55 full-time and full-time-equivalent jobs as part of a production expansion at the facility. Siemens Westinghouse Power Corp. is the property owner of the site, but it is unclear whether the plant closing is tied to this fact.
Ellwood Group to Close North Carolina Forge
January 14, 2014