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(FindLaw, 2002.) This law applies to any private sector employers with at least 100 employees and are either closing the plant or laying off at least 33% of the employees.
As far as the benefits provided to the employees, attempting to find other jobs for the employees in one of the other SMC plants (especially with Management level positions) would go a long way for all parties. It would create goodwill in the closing and hiring already trained persons could cut cost in the long run. This may involve a move on the employees' part, but at least they would have the opportunity to keep their tenor with SMC...
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