One week after reporting a $230 million loss for 2005, Voight Aircraft Industries announced yesterday that it plans to eliminate up to 600 jobs locally, most of them at its Dallas aircraft parts manufacturing plant. According to the Star-Telegram's Web site, the announcement came in a tersely worded statement in which Chief Executive Elmer Doty said 450 employees whose jobs do not directly involve manufacturing or assembly of aircraft parts and structures will be laid off by mid-April and an additional 150 by midsummer.The online report further states that the action comes as Doty tries to staunch Voight's losses, which have mounted over the past two years after the privately held company undertook a restructuring plan aimed at moving work from plants in Stuart, FL, and Nashville to its Dallas and Grand Prairie facilities.
Voight Aircraft Plans to Cut 600 Positions
One week after reporting a $230 million loss for 2005, Voight Aircraft Industries announced yesterday that it plans to eliminate up to 600 jobs.
Apr 5th, 2006