Manac extends temporary shutdown at Orangeville plant
SAINT-GEORGES, Que. — Manac, a division of The Canam Manac Group Inc. announced its decision to extend the previously announced temporary shutdown of activities at its Orangeville, Ont., semitrailer manufacturing plant until March, 2004.
The layoff, which began at the end of July 2003, affects 235 employees and was initially expected to last 25 weeks.
Current economic conditions, such as the performance of the Canadian dollar and continuing over capacity in the industry in North America, are responsible for the temporary layoff extension.
The Canam Manac Group Inc. operates 19 plants specialized in the fabrication of steel components, semitrailers and forestry equipment and employs over 4,000 people in Canada, the United States, Mexico, Romania and India.
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