July 20, 2009
Jeffboat trims labor force
American Commercial Lines, Inc, (ACL) shipbuilding division, Jeffboat LLC, is to cut about 10 percent of its salaried and hourly work force in response to declining demand for barges.
A voluntary severance package will be offered some salaried workers. Other salaried and hourly employees will be laid off. Local news media estimate about 120 jobs will go and report that the cuts will take effect this week.
ACL says that Jeffboat will continue to employ over 1,000 workers after the cuts.