Olin Corp. May Move East Alton Plant
(GunReports.com) -- Officials in the East Alton, Illinois, area are scrambling to save about 1,000 jobs that may be leaving for Oxford, Miss.
The munitions manufacturer informed its Winchester division employees at its East Alton site about a potential move that would send the company's centerfire ammunition manufacturing business, which includes rifle and handgun ammunition manufacturing, to the company's Mississippi site.
Company human resource director Valerie Peters would not reveal why the move was being considered or how soon it could come.
According to the Leadership Council Southwestern Illinois, a broad-based economic development corporation that represents Madison and St. Clair counties, 1,821 people are employed at the East Alton manufacturer -- the sixth-largest area employer.
This is not the first time that the Clayton, Mo.-based employer has moved jobs. St. Peters said that between 2004-05, about 150 jobs were transferred from the East Alton plant to the company's Mississippi plant when Olin decided to relocate its Rimfire operation there.