Leggett & Platt to close Jacksonville steel wire plant, eliminate 101 jobs

The 150,000-square-foot plant is owned by Adcom Wire Co., an affiliate of Leggett & Platt.


  • By Mark Basch
  • | 6:42 a.m. September 30, 2019
  • | 5 Free Articles Remaining!
Leggett & Platt Inc. says it will close its wire mill plant at 925 N. Lane Ave. by the end of the year (Google)
Leggett & Platt Inc. says it will close its wire mill plant at 925 N. Lane Ave. by the end of the year (Google)
  • Business
  • Share

Leggett & Platt Inc. sent a letter to state officials last week saying it will close its wire mill plant at 925 Lane Ave. N. by the end of the year, putting 101 people out of work.

The notice filed under the Worker Adjustment and Retraining Notification Act said the closure is due to a consolidation of operations.

Missouri-based Leggett & Platt manufactures products including furniture and automotive seat components.

The WARN notice said the Jacksonville plant produces drawn steel wire.

The 150,000-square-foot Northwest Jacksonville plant is owned by Adcom Wire Co., an affiliate of Leggett & Platt, according to Duval County Property Appraiser records.

It was built in 1980 and expanded in 1999.

The company plans to begin releasing employees on Nov. 22 and continue through the end of the year, with a small group remaining for cleanup operations into the first quarter of 2020.

According to the Sept. 23 letter sent to the state, the layoffs comprise 82 production and support employees, 14 managers and five administrative and clerical workers.

Leggett & Platt said in the WARN notice it is “exploring several sources of outplacement assistance” for the affected workers.

The lifeatleggett.com site says Adcom Wire produces spools of drawn steel wire used to make products like paint can handles, bailing wire for recycling compactors, and coiled bedsprings.

Leggett & Platt employs 23,000 people in 145 manufacturing facilities in 18 countries.

The company produced revenue of $2.4 billion and earnings of $147.4 million in the first half of 2019.

 

 

×

Special Offer: $5 for 2 Months!

Your free article limit has been reached this month.
Subscribe now for unlimited digital access to our award-winning business news.