Union Metal, one of America’s premier street lighting pole manufacturers since their founding 1906, will be closing its Canton, Ohio plant and laying off 339 employees.
Like many manufacturing companies, Union Metal has fallen on hard times. They have a backlog of work, but appear to be unable to pay their bills; resulting in at least one lawsuit filed by Tennessee Galvanizing, in Jasper, Tennesee for non-payment of past due accounts.
The company has had a history of investors who have attempted to turn the company into a profitable enterprise but have encountered various obstacles along the way. It appears that the absentee owners/investors have heavily mortgaged the company's assets and concession negotiations have been abandoned since the closure notice.
A number of well-known Canton manufacturing companies have either shuttered their operations or have relocated over the years.
Like many companies, it appears the Union Metal has been targeted by predatory attorneys looking for easy settlements and large paydays ... "Did you work at Union Metal in Canton, Ohio? Have you developed mesothelioma, lung cancer, colon cancer, rectal cancer or another asbestos cancer? Contact us today for a FREE, no-obligation consultation: 1-800-XXXXXX."