By: Bill Bregar
August 2, 2013
SCRANTON, PA. — CPG International Inc. is moving to consolidate its TimberTech factories into a single large wood-plastic decking plant in Wilmington, Ohio.
Meanwhile, a published report said CPG’s private-equity owner wants to sell the building products company, and is getting bids from four financial companies.
CPG announced the consolidation plan in April. Now as it closes its Columbus, Ohio, decking operation, the company will lay off 58 workers there between September and March of 2014, according to a story in the Dayton Business Journal. CPG also is closing a plant in Toronto that makes Azek railing.
Officials at Scranton-based CPG said that 58 of the 65 people employed in Columbus may be laid off if they do not accept a position in Wilmington. The others have already accepted offers to continue with TimberTech in Wilmington.
Both plants, in Columbus and Toronto, will close by the end of the year. TimberTech has started to hire people for the 85 jobs that are being added at Wilmington, company officials said.