Spear Closing New Hampshire Plant
MILFORD, NH—Label manufacturer Spear is shutting down its manufacturing operations here and will transfer them to the company's Mason, OH, facility, according to the Nashua Telegraph. Sixty jobs are being lost in Milford, though 30 positions will open in Mason, and many of those posts could be filled by transfers.
Production equipment will be transferred to Ohio starting in August, according to the paper, and the transfer will be completed by the end of 2009. Ten information technology and corporate engineering employees will remain in Milford.
Spear manufactures pressure-sensitive labels for the beverage and personal care products industries, according to the Telegraph.