Tank car maker to close plant, lay off 420

March 28, 2008

A Chicago-based manufacturer of railroad tank cars plans to shutter its plant in East Chicago and send production to newer, non-union plants in the South, according to The Times of Munster.

Union Tank Car Co. said it is consolidating production to cope with a downturn in the market, but International Brotherhood of Boilermakers Local 524, which represents the hourly workers, contends the company is shifting work to non-union plants to save money.

A total of 350 hourly and 70 salaried workers will lose their jobs come May.

The company is 60-percent owned by Warren Buffet's investment firm, Berkshire Hathaway Inc.

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