Steuben Glass Announces Layoffs

February 25, 2010 – Steuben Glass announced today that it is restructuring and will begin laying off an undetermined number of employees this summer. Steuben Glass’s chief operating officer, Mark Samitt, said the plans were announced internally Wednesday.

“We will be going through a restructuring program that will allow Steuben Glass to appeal to a wider customer base, provide quality products at a value and reposition the company to be profitable,” Samitt said.

Included in the program, to be rolled out by mid-summer, is the outsourcing of some existing products that will mean the loss of some current manufacturing jobs at Steuben Glass. Samitt said Steuben Glass employs about 100 workers. The number to be affected by layoffs won’t be known until later this year.

Steuben Glass is working with Corning Inc. to provide opportunities for those who will be losing their jobs. Like the hourly workers employed at Corning Inc.’s local manufacturing operations, Steuben’s hourly workers are represented by the United Steelworkers of America Local 1000.

“We are planning to continue the plant operation and production in Corning after the restructuring, and Corning Inc. is supportive of the effort,” Samitt said.

Steuben Glass was sold in July 2008 because it lost $30 million over a five-year period and didn’t fit with Corning’s high-tech industrial products portfolio. Those money woes, Samitt said, are apparently still at work.

“We looked at the market contraction, and the recent sustained downturn has had a significant negative impact. That is why we are taking these steps to position us for growth,” Samitt said.

Steuben Glass’s crystal pieces are manufactured at Corning’s Museum of Glass. Steuben also operates a retail store in Corning, as well as customer service, shipping and other functions.

Although the manufacturing operation will bear the brunt of the job cuts, Samitt said the company’s strategy will “provide the best potential to compete and grow in the crystal glass category, while providing value to the customers.”

Browse the wonderful selection of Steuben glass for sale on eBay. You won’t find better prices anywhere else!

  Item Search:
  

 Steuben Beaver Figurine Glass Crystal Pup Garnet Eyes Lloyd Adkins Design

Steuben Beaver Figurine Glass Crystal Pup Garnet Eyes Lloyd Adkins Design

$99.99

Product Details

RARE STEUBEN Glass NOBLE LION | Signed Lead Crystal w/ base African safari cat

RARE STEUBEN Glass NOBLE LION | Signed Lead Crystal w/ base African safari cat

$1,999.99

Product Details

Steuben Glass Works Crystal Trout Figurine

Steuben Glass Works Crystal Trout Figurine

$2,070.40

Product Details

STEUBEN ARCTIC FISHERMAN STERLING SILVER. JAMES HOUSTON

STEUBEN ARCTIC FISHERMAN STERLING SILVER. JAMES HOUSTON

$4,250.00

Product Details

James Houston The Arctic Fisherman Signed Limited Edition #160 of 1000 Steuben

James Houston The Arctic Fisherman Signed Limited Edition #160 of 1000 Steuben

$155.00

Product Details

VINTAGE STEUBEN GLASS CRYSTAL CAT TOURMALINE GREEN EYES DONALD POLLARD SIGNED

VINTAGE STEUBEN GLASS CRYSTAL CAT TOURMALINE GREEN EYES DONALD POLLARD SIGNED

$95.00

Product Details

Steuben Glass Beaver With Garnet Eyes, Mint

Steuben Glass Beaver With Garnet Eyes, Mint

$119.95

Product Details

Signed STEUBEN Glass Preening Goose & Gander Geese Set by Lloyd Atkins

Signed STEUBEN Glass Preening Goose & Gander Geese Set by Lloyd Atkins

$79.95

Product Details

Steuben Glass Large Penguin Sculpture Figurine George Thompson 8080 Signed

Steuben Glass Large Penguin Sculpture Figurine George Thompson 8080 Signed

$76.00

Product Details

Steuben 6 1/2

Steuben 6 1/2" Squirrel #8291

$159.95

Product Details

Steuben Cat With Tourmaline Green Eyes #8274 With Dust Bag

Steuben Cat With Tourmaline Green Eyes #8274 With Dust Bag

$149.95

Product Details

Steuben Glass Pelican Hand Cooler, Excellent Condition

Steuben Glass Pelican Hand Cooler, Excellent Condition

$99.95

Product Details

Steuben Glass Chipmunk #8269 With Box And Dust Bag, Rare

Steuben Glass Chipmunk #8269 With Box And Dust Bag, Rare

$169.95

Product Details

Vintage Steuben Art Glass LARGE Beaver Figurine Sculpture Lloyd Adkins W BOX

Vintage Steuben Art Glass LARGE Beaver Figurine Sculpture Lloyd Adkins W BOX

$437.98

Product Details

Steuben Art Glass Peacock Sculpture by Bernard X. Wolff ca. 1986. Steuben #8532

Steuben Art Glass Peacock Sculpture by Bernard X. Wolff ca. 1986. Steuben #8532

$1,595.00

Product Details

« Previous1234567

{ 0 comments… add one now }

Leave a Comment

Previous post:

Next post: