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Second Chance Body Armor lays off 56 workers

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UpInArms Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-28-04 10:27 AM
Original message
Second Chance Body Armor lays off 56 workers
http://www.miami.com/mld/miamiherald/business/national/10037301.htm

CENTRAL LAKE, Mich. - Second Chance Body Armor Inc. has laid off more than 20 percent of the employees at its main factory after filing for Chapter 11 bankruptcy protection because of lawsuits alleging unsafe products.

The company laid off 56 of its 250-member work force in Central Lake late last week, spokesman Gregg Smith told the Traverse City Record-Eagle for a story Thursday.

The layoffs involved office staff and production workers, he said.

Smith said no further layoffs are planned, but noted the company must file with U.S. Bankruptcy Court in the next few months a restructuring plan that could affect operations.

The company has been sued in at least 10 states, accused of selling defective bullet-resistant vests to police officers, which Second Chance denies.

...more...
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htuttle Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-28-04 10:29 AM
Response to Original message
1. Wonder if there's a Second Supplier?
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Inland Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-28-04 10:34 AM
Response to Original message
2. Will retool its factory to make caskets.
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Voltaire99 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-29-04 03:10 AM
Response to Reply #2
7. Nice line. (n/t)
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sandnsea Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-28-04 11:57 AM
Response to Original message
3. Those silly frivilous cops
Shut up and let the free market rule!!!
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elehhhhna Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-28-04 12:10 PM
Response to Original message
4. Dang trial lawyers again-- so they vests don't work. So what?
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elehhhhna Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-28-04 12:11 PM
Response to Original message
5. I see an aquisition by Halliburton in their future...
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hatrack Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-28-04 12:22 PM
Response to Reply #5
6. Only if Second Chance uses asbestos in their vest design
Then rest assured that Dick Cheney, eagle-eyed capitalist, will spy the opportunity for profits!
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ThePhilosopher04 Donating Member (435 posts) Send PM | Profile | Ignore Fri Oct-29-04 03:53 AM
Response to Original message
8. apparently there weren't too many second chances!!
nm
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