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The 3DRCForums -Discuss Anything Thread-

clarkj

clarkj

70cc twin V2
Well I got bad news and maybe good news. First we found out a week ago they are closing our smelter. They filed chapter 11. Ill tell you the reason why, a company called Apollo bought us. They milked all the money out of it then borrowed more money against it to pay dividends to stockholders and then sold it. There is not other reason for this happening other than that reason alone. They are known to do this, there is another company they bought that is going through the same thing we are. Its really sad they are stripping people of good jobs and running with the money. Im going to lose alot of good friends in the next couple weeks not to mention 17 years of service at a place i had planned on retiring from. The good news is a JohnDeere dealer called me today wanting to talk to them and i didnt contact them, they contacted me. I told the guy I would see him first thing tomorrow morning to talk. I hope it goes well and get offered a decent amount of pay.
 
Bipenut53

Bipenut53

150cc
Wow clarkj, really sorry to hear that!! But it sounds very promising to hear that John Deere wants to talk with you!! I wish you all the best!!! I hope you can step from one right into the other easily!
 
clarkj

clarkj

70cc twin V2
Yes, my heart aches for everyone down there. Im not only worried about myself but all the other employees. Thankfully my wife has a good job(shes a teacher fixing to graduate with a specialist degree, im so proud of her) but many people only had that place as a source of income. Its going to hurt all of southeast missouri. There are going to be several other businesses suffer from this too
 
dth7

dth7

3DRCF Regional Ambassador
clarkj said:
Well I got bad news and maybe good news. First we found out a week ago they are closing our smelter. They filed chapter 11. Ill tell you the reason why, a company called Apollo bought us. They milked all the money out of it then borrowed more money against it to pay dividends to stockholders and then sold it. There is not other reason for this happening other than that reason alone. They are known to do this, there is another company they bought that is going through the same thing we are. Its really sad they are stripping people of good jobs and running with the money. Im going to lose alot of good friends in the next couple weeks not to mention 17 years of service at a place i had planned on retiring from. The good news is a JohnDeere dealer called me today wanting to talk to them and i didnt contact them, they contacted me. I told the guy I would see him first thing tomorrow morning to talk. I hope it goes well and get offered a decent amount of pay.
Click to expand...

Best of luck. Door closes, one opens... Etc. still stinks going through it.
 
clarkj

clarkj

70cc twin V2
I just left the john deere dealer after 2 1/2 hours talking they want me to start asap. Waiting on background check and i have to do a drug test monday. No problem with either of those.
 
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