DSM Chemicals North America makes caprolactam, nylon polymers and ammonium sulfate for plastics and fertilizers at its plant on Columbia Nitrogen Road in east Augusta. It employs 350 people.
The work force reduction wont take place until June 30, said Lisa Kirby, DSMs vice president of administration.
She said the company will be offering voluntary severance packages to its employees. DSM will institute layoffs if necessary. The reductions affect all departments.
The changes are being instituted because of the downturn in the automotive, housing and export markets, Ms. Kirby explained.
The decisions concerning staff redeployment and potential reductions at DSM Chemicals North America will be difficult but necessary as we align the companys cost structure with current demand, Ms. Kirby said in a statement. We remain committed to our employees, our customers, our suppliers and the Augusta community, and greatly appreciate the significant contributions of the employees who will be affected by this decision.
The company will partner with the Georgia Department of Labor and a consultant outplacement center to provide one-on-one counsel sessions, explain benefits and provide outplacement services for affected employees.