A Cedar Rapids based manufacturer announced Wednesday it is eliminating some employee positions as part of a restructuring.
Tom Pientok, the president and CEO of Apache, Inc. told KCRG-TV9 the cuts are necessary because of a downturn in agriculture and industrial business. Apache makes hose, belting, cut and molded rubber, and industrial consumer products.
According to the company's website, the company broke ground in May on a 90,000 square foot expansion of its primary production facility in Cedar Rapids. This followed the opening of a new production and distribution facility in Dallas in December 2015, and the purchase in January 2016 of Pacific Belting Inc., in Portland, Oregon. Apache also has facilities in Des Moines, St. Louis, Cincinnati, and Hillsboro, Oregon.
Pientok said the position cuts amount to less than 5 percent of its work force of more than 300 employees. He would not provide a precise number of positions eliminated, but said none were in production, mostly were in "overhead."
Pientok the job cuts are "an unfortunate situation."