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P&G Closing Connecticut Plant

P&G Will Close Clairol Hair-Care Product Plant in Connecticut by 2010, Cutting 415 Jobs

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By: Jamie Matusow

Editor-in-Chief

Procter & Gamble Co. will close its hair-care product plant with 615 employees in Stamford, CT, by early 2010. Some 200 employees at the Clairol plant will be offered transfers to other P&G locations, including 150 to the Cincinnati area where P&G is based. P&G said 415 jobs will be eliminated, with 180 of those employees qualifying for retirement. P&G has been cutting production and jobs at the plant since buying Clairol in 2001 from Bristol-Myers Squibb Co. The plant makes hair-color products and some hair styling products. P&G said it will provide workers with assistance including pay and benefits for up to a year, outplacement help and a retraining allowance as jobs are eliminated leading up to the closure. The plant’s work will move to P&G facilities in Mariscala, Mexico, Andover, MA, Woodland Hills, CA and Cincinnati. “This decision will enable P&G to create better long-term economics, generate additional manufacturing scale, a more robust research and development infrastructure, and greater organizational capability,” the company said in a statement.

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