Companies Warn of More Than 700 Possible Illinois Layoffs

 Posted on December 10, 2013 in Employee Rights

As our country is still working its way up out of the recession, many people are still struggling to find and keep employment. Recently, a few different companies here in Illinois have announced that they may need to eliminate almost 584 jobs.

According to Illinois’ Worker Adjustment and Retraining Notification Act report, five other companies have also reported that plan to make even larger cuts in the near future, which means that a total of 745 jobs will be lost in not too long.

The largest of the upcoming Illinois cuts will occur within Booklet Binding Inc. / Team Services located in Carol Stream. This Chicago-area, which currently provides services of binding, packaging, and mailing, will be closing and shedding 177 different jobs.

Another packaging company, Triumph Packaging Group Inc., has stated that they too will be closing, eliminating a total of 98 jobs. Triumph is responsible for manufacturing paperboard boxes, and is currently located in Bolingbrook.

Daco Inc. and Oxbow Midwest Calcining will both also be eliminating jobs, 90 at Daco and 66 at Oxbow, but neither of these companies is closing. Daco is a manufacturer of cast-iron casting for engines and transmissions, whereas Oxbow mines and sells coal, natural gas, petroleum, and calcined coke.

Thermtrol MGI Global, responsible for producing thermal protectors and other electronic equipment for automobiles, plans to move its business to Vietnam, which translates to a layoff of 60 individuals.

Many people will be facing layoffs in our community for various reasons, but if you or someone you know feels that you have been laid off from work for inappropriate reasons or without sufficient warning, you may be eligible for some sort of compensation or the opportunity to file an action for wrongful termination. Contact a dedicated Illinois employment attorney immediately to look over your case.