• Photo
A photo of an Oscar statue. (oscars.org)

A photo of an Oscar statue. (oscars.org)

  • More Featured Content
Hurricane forecast: Another busy Atlantic season
NOAA: Another busy hurricane season

Thursday's outlook calls for 13 to 20 named storms, 7 to 11 …

Thunderstorms slow Oklahoma tornado cleanup
Storms slow Oklahoma tornado cleanup

A band of thunderstorms battered the Oklahoma City area …

Vote on gay Scouts comes at emotional moment
Boy Scouts vote on admitting gays

The Boy Scouts of America's national leadership will vote …

Obama defends drone strikes but says no cure-all
Obama defends drone strikes

President Barack Obama on Thursday defended America's …

AG: 4 Americans killed since 2009 in drone strikes
4 Americans killed since 2009 by drones

Attorney General Eric Holder says four American citizens have …

Advertisement

Oscar maker plans layoffs in Chicago

Company will continue to make Oscar statues

Updated: Friday, 07 Dec 2012, 1:52 PM CST
Published : Friday, 07 Dec 2012, 11:28 AM CST

CHICAGO (AP) — The Chicago company that makes the familiar gold-plated Oscar statues is laying off almost 100 employees as it's 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.

 

Advertisement
Advertisement