Coral Gables, Florida-based MasTec Industrial, a power plant and renewable energy construction company specializing in building and engineering natural gas power plants, has announced the closure of its Rochester, Minnesota office.
The closure will impact 102 employees in a client-driven business decision.
According to the affected client, “The company expects the aggregate cost for the current scope of the project to exceed its previously disclosed guidance.” In light of these developments, the board of directors has decided to pause construction work on the Rochester Hub, pending a review of the project, including an evaluation of the go-forward phasing of its scope and budget, including construction strategy.”
Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. We see good people being laid off through no fault of their own. Just because something bad hasn't happened yet doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?