Arkhola parent company cuts, shifts jobs (Updated)
by July 17, 2009 5:22 pm 396 views
Atlanta-based Oldcastle Materials on Friday confirmed that personnel at its northwest Arkansas and eastern Oklahoma companies are being “realigned” in a move that will cut up to 30 jobs in the areas.
In Arkansas, Oldcastle owns Fort Smith-based APAC-Arkansas (Arkhola) and Fayetteville-based McClinton Anchor. In Oklahoma, the company owns Tulsa-based APAC-Oklahoma (Standard Industries). The companies are part of Oldcastle’s Southwest Division.
Two sources have told The City Wire that in addition to the job cuts, between 10 and 20 jobs would shift from Fort Smith to Fayetteville.
Updated info: Jerry Goodson, the Arkhola division president based in Fort Smith, will remain in Fort Smith and be responsible for sales and marketing and the ready-mix concrete business, according to Oldcastle.
Joyce Watson, vice president of public relations for Oldcastle, confirmed that jobs were being cut and shifted, but declined to provide details.
Watson sent this statement: “We have strategically realigned our Arkhola Sand and Gravel, McClinton-Anchor and APAC-Oklahoma operating companies into a single, leaner and more competitive business covering our northwestern Arkansas and eastern Oklahoma markets. Regrettably, this business combination did impact our staffing. We expect a total reduction across all companies of 20 to 30 employees. Going forward, we are now structured to weather the current economic times and position ourselves for growth when the market improves.”