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City officials plan on bringing more retailers, economic growth to Lufkin

2016-01-09 05:54:36| Oil & Gas - Topix.net

"It was a real kick in the teeth," said Lufkin Mayor bob Brown. "To lose 350 jobs or when you know 350 people that are seeking jobs, it is a personal heartbreak to me."

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A look back: Lufkin Industries

2015-08-27 15:44:37| Oil & Gas - Topix.net

Picture it, 1902; a small company, then called the Lufkin Foundry and Machine Company moved to town with plans to take the sawmill industry by storm. "There was a need for a local foundry to build new equipment as well as service broken equipment," said Jonathan Gerland, Executive Director at The History Center.

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GE Cuts Jobs, Closes Foundry at Lufkin Unit

2015-08-25 05:41:25| Oil & Gas - Topix.net

Slide in oil prices has led to a drop-off in demand for the drilling equipment made by GE's Lufkin unit General Electric Co. plans to close a historic foundry and eliminate more than 250 jobs at its oil-field services unit in Lufkin, Texas, as the company deals with a drop in demand for drilling equipment in the wake of plunging oil prices.

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Company to close historic downtown Lufkin foundry

2015-08-25 03:03:06| Energy - Topix.net

A company has announced plans to close a historic foundry located downtown in the East Texas city of Lufkin and further reduce positions at a facility south of the town. The Lufkin News reports that officials with General Electric/Lufkin Industries announced the plans Monday, citing increasingly challenging market conditions.

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GE Oil & Gas to close its Lufkin foundry division, resulting in loss of 176 jobs

2015-08-24 23:36:13| Oil & Gas - Topix.net

GE Oil & Gas issued a statement on Monday that the company plans to shut down its Lufkin foundry division. The decision to shutter the historic foundry will result in the loss of 176 jobs.

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