Thursday, August 02, 2012

Trouble for new company in Delaware?

Two weeks after opening a new facility in New Castle, Hawker Beechcraft is laying off 170 employees at its Little Rock, Arkansas aircraft finishing plant.

The company in November assured Little Rock employees that there was enough work at the plant so that layoffs would not be necessary.

In May, the Wichita, Kan.-based company filed for bankruptcy protection and in July agreed to sell the company to a Chinese firm for $1.8 billion.

Demand for business jets has declined since the 2008 economic downturn.

When it opened its new service facility in New Castle, the company promised to bring as many as 100 new jobs to Delaware.

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