40 JOBS BEING SLASHED AT PRESSTRAN IN ST.THOMAS

The Presstran Plant in St.Thomas will be losing approximately 40 employees due to "reductions and reassignments" at the Plant.

The announcement was made Wednesday by a Plant spokesperson.  Reports say that afternoon and evening supervisors are the ones being affected.

The "reductions and reassignments" are due to some major restructuring being done by Cosma International, which is a wholly-owned operating unit of Magna International.

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