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Buena concrete facility to cut back operations
By ERIK ORTIZ Staff Writer, 609-272-7253


Published: Tuesday, December 02, 2008

  BUENA BOROUGH - Amid a nationwide recession that has tamped down construction projects, a Pennsylvania concrete company says it will have to cease some operations and eliminate dozens of jobs, including at its plant in New Jersey.

High Concrete Group's Buena facility, which it acquired from United Precasting Corp. in 2006, will continue production until early February, when the location will be reduced to shipping and loading crews to meet customer delivery dates, the company said in a statement Monday.

"Jobs necessary to produce, load and ship projects currently in production will remain active in order to deliver on our commitments to each of our customers," said Jeffrey D. Smith, who was named president of the Denver, Pa.-based High Concrete Group last month.

The Buena facility will see job losses affecting about 75 percent of its more than 70 employees there, the company said. Operations and positions at its other four facilities - in Denver and Williamsport, Pa., Springboro, Ohio, and Paxton, Ill. - are similarly affected.

High Concrete Group, one of the nation's top producers of precast parking garages, reported revenue of about $200 million in 2006 and currently employs more than 700 people.

The company says a sharp decline in customer demand is forcing its restructuring, which has been described as temporary - should business pick up again.

The company is building parking garages for the Meadowlands Xanadu Entertainment Complex in East Rutherford, Bergen County, and Revel Entertainment Group's megaresort in Atlantic City. The Revel project is slated to open in mid-2010.

E-mail Erik Ortiz:

EOrtiz@pressofac.com

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