Dow Chemical to slash 5,000 jobs, close 20 plants
Dow Chemical Co. said Monday it will slash 5,000 full-time jobs , about 11 percent of its total work force , close 20 plants and sell several businesses to reign in costs amid the economic recession.
Dow Chemical Co. said Wednesday it will close three Louisiana plants as part of a shift away from basic chemicals toward the lucrative business of specialty chemicals.