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A rare bit of good news has come in for former employees of Wood Structures in Saco, Maine. US Secretary of Labor Hilda Solis announced today that the Department of Labor is providing a grant of more than $600,000 for displacement services.
The State of Maine will administer the grant, which may provide "individual career counseling, skills assessment, and basic and occupational skills training," according to the DOL press release.
Bob Burleigh, an Industrial Representative serving Northern New England for the New England Regional Council of Carpenters said: "After two months of nothing but bad news, it is great to have something positive to tell the members affected by the plant shutdown and the bankruptcy. This grant will help these laid off workers get the training and other help that they may need to get back on their feet."
Wood Structures, a 40-year old company who's trusses and raw lumber have been used throughout New England and New York struggled with the collapse of the housing market. They attempted to reorganize their debt through Chapter 11 bankruptcy proceedings, but were forced to lay off the final 50 or so union carpenters in mid-March. They are likely looking at Chapter 7 bankruptcy, which involves liquidation of the company's assets.