ROSEBURG, Ore. (AP) – One of the nation’s leading producers of plywood has announced that it will let go a quarter of its workforce at a plant in southwestern Oregon.

Roseburg Forest Producers said Friday it laid off approximately 90 of its approximate 350 employees from a plywood plant in Dillard. The Roseburg News-Review reports that the company was able to extend immediate offers to 50 employees for jobs at other plants.

Jake Elston is the senior vice president of operations at Roseburg Forest Producers. He says developers are building fewer homes and that the company is facing increased competition from other manufacturers.

Information from: The News-Review, http://www.nrtoday.com

More about:

Recently Played

Red Ruby Da SleezeNicki Minaj
2:15pm
Need To KnowDoja Cat
2:11pm
Fight The FeelingRod Wave
2:09pm
SnoozeSza
2:06pm
SuperheroMetro Boomin F/ Future & Chris Brown
2:03pm