Vessel Systems Struggles; Jobs Are Cut and Paychecks Bounce As 'Turn- Around Firm' Is Brought In
Telegraph - Herald (Dubuque) › March 25, 2005
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Summary
Last year, it seemed business was booming and life was good at Vessel Systems Inc.
The Dubuque-based manufacturer moved into a new state-of the-art factory - thanks in part to state and local incentives - finally free from the space constraints of its antiquated Seventh Street factory that had stunted its growth. In its new Dubuque Industrial Center West complex, Vessel's production numbers and work force ranks were rising, according to economic development officials.See the full content of this document
Extract
Vessel Systems Struggles; Jobs Are Cut and Paychecks Bounce As 'Turn- Around Firm' Is Brought In
Now, it appears the manufacturer is fighting for its life, bringing in a management specialist charged with putting Vessel back on course.
"We have been granted full control of the operations of the company's affairs," said K...See the full content of this document
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