Originally published Wednesday, September 30, 2009 at 12:10 PM
Comments (0)
E-mail article
Print view
Share
Force Protection to cut 10 pct of work force
Force Protection plans to reduce its work force by 10 percent, or about 120 workers, as it copes with a decline in orders for military vehicles over the past year.
The Associated Press
Force Protection plans to reduce its work force by 10 percent, or about 120 workers, as it copes with a decline in orders for military vehicles over the past year.
The Ladson, S.C.-based defense contractor expects to record a third-quarter severance charge of $2 million.
Force Protection Inc. also says it is targeting annual savings of $40 million by realigning its business to focus on spares, vehicle upgrades and training.
The company anticipates completing changes in the first half of 2010.
Chase shrugs off loss of CD investors
Sunday Buzz: Expedia, Intelius, Classmates slapped by Senate report
Denny Triangle gains skyline, but tenants slow to come
UPDATE - 04:28 PM
Senate Democrats at odds over health care bill
Your Funds: Money for nothing: Some investors pay for advice they never get

LA Galaxy's David Beckham
Los Angeles Galaxy's David Beckham talks about the upcoming MLS Cup final during after a team practice.
nwjobs

Post a comment

Michelle Goodman blogs about work/life balance.
How to tell your office you're gravely ill
Post a comment
nwautos

Choosing a new sedan? Weigh the impact of your choice on your wallet and on the planet.
Post a comment
- 'The Road' takes Viggo Mortensen to Mount St. Helens and Astoria, Ore.
- Craigslist adoption ad: A plea by young mother-to-be? A scam?
- Italian lead prosecutor argues Knox motive was hatred
- Italian prosecutors request life sentence for UW student
- Child-support error costs nearly $21,000
- Man shot in chest on E. Union Street in Capitol Hill
- Tugboat sinks in Seattle's waterfront
- Washington state wines make annual best-of list
- Mariners Blog | A Mariners-Tigers swap makes a whole lot of sense for both teams
- Lynnwood is reinventing itself — again
- Senate vote clears hurdle
234 - Tight Senate vote launches health care over hurdle
119 - Child-support error costs nearly $21,000
116 - Palin excitement builds in Tri-Cities
114 - Vikings easily beat the Seahawks
108 - Prosecutor requests life in prison for Amanda Knox
87 - Cutting through breast-cancer confusion
86 - Game thread
70 - New York terror trials will restore faith in rule of law
51 - Chase shrugs off loss of CD investors
45
- Washington state wines make annual best-of list
- Nonprofits get creative using Twitter and Facebook to make donation easier
- It's possible to recover a life lost to hoarding
- Lynnwood is reinventing itself — again
- Great places to cross-country ski for free (or almost) in the Methow
- Child-support error costs nearly $21,000
- 'The Road' takes Viggo Mortensen to Mount St. Helens and Astoria, Ore.
- Recipes: Sesame Pork Roast, Sour Cream Mashed Potatoes, Gingerbread with Lemon Sauce and more
- Banff: powder, peaks & purity
- 175 foster kids in Washington get 'forever families'





