A Giant Company Now Announces Unexpected Layoffs in Kentucky

March 27, 2024

A giant company now announces unexpected layoffs in Kentucky, affecting hundreds of workers, according to the Economic Growth Alliance.

A Worker Adjustment and Retraining Notification Notice (WARN) shows that 230 employees will be let go from Pride Mine, formerly known as Survant Mine.

The official layoffs in Kentucky are happening on Monday April 29.

At one point, Muhlenberg County was made up of coal mines and coal miners.

Back in 2006, eight mines were in operation, producing 4.2 million tons of coal that year.

Now, the final mine will be shutting down.

Mega Executive Director Ray Hagerman says as mines have closed, the county has focused on bringing in manufacturing jobs to replace coal mining jobs lost.

Still, it’s never easy to have this many people learning they’ll be out of a job this spring, reports 14 News.

“We’re actually negotiating a potential deal right now to come close to replacing that number of jobs, but you never really can replace those jobs, especially if you’re one of those people effected, so our hearts go out to them certainly for that,” said Hagerman.

Hagerman says some employees will likely stay on after May 1 to help close, but he hasn’t seen anything in writing yet.

“We still don’t know exactly why the mine is closing.”

American Consolidated Natural Resources Inc. owns Pride Mine.

The outlet reports that they have ignored multiple attempts to get ahold of them to find out why they decided to close the mine down.

Other businesses laying off in Kentucky include:

Guess? Inc. 200 job cuts by 5/6.
Wolverine Worldwide 502. 150 job cuts by 5/3.
Computer World Services, Corp (CWS). 63 job cuts by 3/29.
Piston Automotive. 52 job cuts by 4/19.

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Also Read: A Healthcare Service Company Now Announces Unexpected Layoffs

Other Economy News Today

A massive company now says they need more immigrant workers due to a labor shortage in an industry Americans are not willing to fill.

Tilson Custom Home Builders CEO Eddie Martin says his company can’t build as many homes as he’d like in Texas because his contractors don’t have enough workers — particularly skilled tradespeople such as electricians, carpenters and plumbers.

This labor shortage, exacerbated by an aging workforce and growing number of retirements, means it’s more crucial than ever for the US to allow more legal immigrants into the country to bolster the ranks of the construction industry, said Martin, CEO of Tilson Custom Home Builders in Austin.

“We’re losing business. There’s no doubt,” said Martin, whose wife’s family started the company in 1932.

“So many of those skilled workers are aging out. There’s nobody replacing them.”

Martin works with 300 contractors to build homes for teachers, police officers, firefighters and others in the middle class, with 500 units currently in the pipeline.

But he now has to tell ‘would-be clients’ that it will likely take 14 months to complete the job, instead of nine months, which prompts some of them to walk away.

If the contractors could boost their workforces by a third, Tilson says he could probably build another 175 homes a year.

Martin, along with many others in the residential and commercial construction industries, have been pushing Congress for years to create a new work visa program or expand existing ones, such as the H-2B program, to enable them to hire more immigrants.

Some would also like to accelerate work authorizations of asylum seekers so they can start training sooner instead of having to wait 180 days, as required by federal law.

The need is growing as the demand for housing increases and as federal infrastructure funding is injected into communities across the country — at a time when fewer young Americans are choosing construction as a career.

President Joe Biden has recently pushed several initiatives to lower housing costs and increase supply, including at a campaign stop in Nevada on Tuesday, reports CNN Business.

But the toxic politics surrounding the border is currently seizing up the passage of new immigration legislation in Congress, quashing any hope of allowing more documented immigrants to build homes, apartment buildings, retail developments and infrastructure projects anytime soon, says the outlet.

“Our issues most likely won’t be addressed until the situation at the southern border is addressed,” said Jim Young, senior director of congressional relations for the Associated General Contractors of America, which advocates for the commercial and multifamily construction industry.

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Also Read: A Giant Company Now Announces Unexpected Layoffs in Michigan

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