Blaming tariffs, Wacker "considering" reduction of 20 positions at Charleston plant
Wacker Chemi confirms to NewsChannel 9 on Monday that economic conditions are forcing the polysilicon plant to reduce its workforce by about 20 positions.
Company spokesman Lisa Mantooth says in an email, "We are currently considering a reduction of approximately 20 production positions at our site in Charleston, Tennessee, in order to align with forecasted lowered production volume."
Mantooth says the company's aim is to do this without layoffs, and "achieve the attrition" by offering a "very small number" of employees a buy-out package.
Mantooth says the primary reason for these layoffs is because of the current trade issues between China and the United States.
"China’s tariffs on U.S.-produced polysilicon, as well as investments into its own domestic polysilicon production facilities, have effectively blocked WACKER-Charleston from exporting solar-grade polysilicon to the world’s largest solar polysilicon market," Mantooth says.
This is a developing story, and we're working to learn more. Depend on us to keep you posted.