Minnesota Rubber closes ageing US plant

November 16, 2013

Minnesota RubberMINNESOTA Rubber and Plastics, a manufacturing plant in Watertown, Minneapolis, announced that it will be closing its plant in one year, resulting in 180 workers being laid off jobs after January 15, 2014.

The company, which manufactures the Standard O-Ring, Quad-Rings Brand and custom seals, has arrived at the decision due to the ageing Watertown facility, which was built in 1966, it said.

Nonetheless, the Watertown production will be moved to the firm’s other six manufacturing facilities across the country and in China.

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International Rubber Prices
(as of 10 November 2015)

Monthly The prices shown above do not include VAT @4% on purchase and expenses towards packing, transportation, warehousing  and other incidentals

Source: India Rubber Board


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