LAY OFFS AT PUTNAM COUNTY BASED BUSINESS Layoffs Hit Rail Car Service Provider
Reported by: Dan Matics
Videographer: Dan Matics
Web Producer: Dan Matics
Reported: May. 24, 2012 10:43 PM EDT
Updated: May. 25, 2012 8:24 AM EDT
EYEWITNESS ONLINE WEBCAST VIDEO C L I C K T O P L A Y
Eleanor
, Putnam County
, West Virginia
Appalachian Rail Car Services, a company that operates in West Virginia and three other states laid off 20 employees on Thursday.
The company thrives on repairing rail road cars and makes a good portion of their profits from coal train companies.
Jay Phillips, Chief Operations Officer said tighter regulations on the coal industry has negatively impacted their business.
"I think over the past four years we have some pretty tight regulations on our coal mine industry," Phillips said. "It's affecting all of us in West Virginia."
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Dan Matics
