Summit Natural Gas to lay off 25% of Maine workers
Summit Natural Gas, which has struggled with faulty pipeline equipment and falling crude oil prices that lowered the cost of heating oil, propane and kerosene, said it would lay off 21 employees, about one-fourth of its workforce in Maine.
The layoffs, reported by the Kennebec Journal last Friday, will impact workers mostly in its Augusta office. It will cut 13 positions from the natural gas company and eight from its affiliated Natural Gas Conversion Co.
Company spokeswoman Lizzy Reinholt wrote in an email to the Bangor Daily News that all but four of the layoffs would be at its Augusta office, mostly in sales.
Summit and Natural Gas Conversion will have 59 employees after the layoffs. according to Reinholt.
Summit built pipelines in the Kennebec Valley and Cumberland, Falmouth and Yarmouth in southern Maine, but was impacted by low crude and heating fuel prices.
The company’s President and CEO Kurt Adams said in a news release that Summit would expand its network next year with 90,000 feet more of distribution network pipe.
In August, Summit said it was scaling back its 2015 build-out plans in the Augusta and Waterville areas as well as in Cumberland, Falmouth and Yarmouth.
Read more
Summit scales back plans in two areas
Most Recent
Most Recent
Comments