Winnipeg Free Press - PRINT EDITION

And the layoffs go to... Oscar statue maker's staff

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CHICAGO -- The Chicago company that makes the familiar gold-plated Oscar statues is laying off almost 100 employees as it's been bought by a Canadian firm. But some workers could be rehired.

R.S. Owens & Co. Inc. said this week in a notice to the Illinois Department of Commerce that it will lay off 95 workers on Dec. 17, when it is purchased by St. Regis Crystal of Canada. The business-data website Hoovers says R.S. Owens has about 250 employees.

R.S. Owens president Scott Siegel said many employees have applied to work for the new company but he isn't sure how many will be hired.

Oscar and Emmy statues will still be made in Chicago.

R.S. Owens has been manufacturing Oscar statues for about 30 years.

 

-- The Associated Press

Republished from the Winnipeg Free Press print edition December 8, 2012 G2

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