Tuesday, December 18, 2012

Schumer says DeWitt PPC plant workers will keep their jobs

Read?more: Local, Business, Technology, News, Dewitt, Manufacturing, Jobs, Charles Schumer, Belden Inc, John Stroup, Production Products Company, PPC, Central New York

DEWITT -- Workers at a DeWitt manufacturing will keep their jobs now that the facility has been sold.

Senator Charles Schumer says he has personally secured a commitment from Belden Inc. CEO John Stroup to keep all 774 employees at Production Products Company (PPC) in Central New York.

"As soon as I heard Belden was acquiring the Town of Dewitt's PPC, I wanted to be sure that these employees would continue to produce top-of-the-line cable and telephone parts right here in Central New York, and foster the growth of Belden's cable manufacturing business for years to come," Schumer said. "PPC is a proud New York company and I am pleased that they will remain a vital part of our corporate community into the future."

Belden bought PPC?for $515 million in a deal made public on December 11. The company manufactures components for the cable and telephone industry.

Belden manufactures wire, cable, and cord products that serves four primary markets: computers, audio/visual, industrial, and electrical.

Source: http://www.cnycentral.com/news/story.aspx?id=838259

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