CdA company trims work force
Advanced Input Systems in Coeur d’Alene cut its work force by 26 people this week, citing reduced demand for the custom keyboards, touch screens, control panels and interface devices it makes.
More than half of the affected employees left voluntarily, and the rest were laid off, said Al Yost, company president.
The downsizing, touching all departments, leaves about 325 workers at the 85,000-square-foot plant, which is on the north side of Coeur d’Alene near Silver Lake Mall.
Most of the workers will be given severance packages, Yost said.
Economic conditions that affect its customers are translating into reduced orders, Yost said Wednesday.
Advanced Input Systems is a subsidiary of Esterline Technologies, a publicly traded company that mainly serves aerospace, defense and electronic markets with high-end components and tools.
The Spokesman- Review has cut 23 full-time positions, mostly through layoffs, the company said Wednesday.
Eliminated positions include seven jobs in distribution and audience development, six in advertising, four in production, three in transportation and delivery, two in the radio unit of the marketing department, and one in the newsroom.
Also, 15 part-time employees in circulation are being let go.
The cuts spared the newsroom from any reduction in its reporting or editing ranks, said Shaun O’L. Higgins, director of sales and marketing for The Spokesman-Review.
The newsroom cut will come from the photo department.
The company cut about one-fourth of its newsroom staff last October.
Most employees affected by the reduction will leave the company payroll in mid-July.
Employees who are laid off receive one week’s pay for each six months of service with the paper, up to 38 weeks.
Teck selling share of dam
Teck Resources Ltd. plans to sell a one-third interest in the Waneta Dam on the Pend Oreille River to BC Hydro for $825?million Canadian.
The sale, announced Wednesday, is expected to close by the end of the year.
Money from the sale will help the Canadian mining company reduce its debt, said Don Lindsay, Teck’s president and CEO.
The Waneta Dam was built in 1954 to generate low-cost power for Teck’s smelter in Trail, B.C.
The dam lies near the mouth of the Pend Oreille River, just north of the U.S.-Canadian border.