Am I Next? Restructuring at Masonite Corporation

Tampa, Florida-based Masonite Corporation, the iconic manufacturer of doors and components has announced its intention to shut down its Tampa, Florida plant. The shutdown will result in approximately 60 employees. According to a company spokesperson, “The closure is the result of the need to consolidate our Florida manufacturing operations into a single site to more efficiently serve our Florida customers in an increasingly competitive market.”

In a previous announcement the company announced the closure of its facility in Largo, Florida resulting in approximately 35 layoffs. A spokesperson similarly noted, “The closure is the result of the need to simplify our network of door plants to serve our customers more efficiently in an increasing competitive market."

The company is also relocating its headquarters to a 56,000 square-foot building in Ybor City neighborhood in Tampa, Florida.

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. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere ... are you now wondering, Am I Next?