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The rise of remote work, higher interest rates and a decline in multifamily construction also played a role in the Granville County closing, the company said.
Gate Precast says it will lay off those workers by Feb. 9, 2024, and that further layoffs of less than 50 workers will occur after that, with the plant permanently closing on July 1, 2024.
JACKSONVILLE, Fla. — Gate Precast achieved a company best during this year’s Precast/Prestressed Concrete Institute Design Awards, earning nine “Best in Class” wins, two special designations and three honorable mentions.