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Tuesday, June 28, 2016

Dow Chemical - 2,500 Globally

http://fortune.com/2016/06/28/dow-chemical-2500-jobs-corning/

Dow Chemical Co said it would lay off about 2,500 employees globally, or about 4% of its workforce, as part of a deal to assume full control of Dow Corning, which was a joint venture with Gorilla glass maker Corning Inc.
The seeds and chemical maker said it would also shut down silicones manufacturing facilities in Greensboro, North Carolina, and Yamakita, Japan, as well as certain administrative, corporate and manufacturing facilities.
Formed in 1943, Dow Corning produces silicon-based products for aerospace, automotive and electrical industries.

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