Kwikset announces two-week shutdown in Denison

By: KXII-TV Staff Email
By: KXII-TV Staff Email

From News Release:

DENISON, Tex. -- Kwikset® Corporation's facility in Denison, Texas recently announced to employees that it will implement a two-week holiday shutdown in manufacturing operations from December 17, 2007 until January 2, 2008. Over the past year, the decline in the US housing market, uncertainty in the mortgage and credit industries, a significant slow down in the US economic growth rate, and a resulting weakening in consumer confidence have led to a reduction in sales estimates. The shut down will allow the Company to better align inventory levels with 2008 production requirements. The Company will implement a concurrent shut down in its Mexicali manufacturing facility.

Kwikset expects to drive significant top-line sales in 2008 with two new product launches - K2TM and SmartSeriesTM. K2 is the Company's new commercial line that features a collection of stylish industrial door hardware solutions that includes cylindrical and tubular levers, deadbolts, door closers and exit devices. The SmartSeries platform includes SmartKeyTM with BumpGuardTM features, the Company's patented, revolutionary new technology that allows homeowners to re-key their own locks in seconds while maintaining the highest level of security, SmartScanTM, the first biometric scanning residential deadbolt on the market, and SmartCodeTM, personalized touchpad keyless entry deadbolt.

The Denison plant is part of Black & Decker® Hardware and Home Improvement Group (HHI) that includes door hardware by Kwikset - Trusted Name in Security for over 60 years, Baldwin® Hardware, Weiser Lock®, K2 Commercial Hardware, and Price Pfister® plumbing fixtures and accessories. The Denison facility produces components for Kwikset door locks and other Black & Decker products.

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  • by Cindy on Feb 6, 2008 at 06:46 PM
    Hey Mary, do you belive it now? I too have money invested but thanks for thinking about me. I won't lose my home. I never needed to work at Kwikset I didn't need to work anywhere. I'll be just fine. But I do worry about some of the other employees.
  • by Mary Location: Denison on Feb 6, 2008 at 11:38 AM
    TSK! TSK! Cindy. You are so over Kwikset but here you go again. So leave already!
  • by Mary Location: Denison on Feb 6, 2008 at 10:51 AM
    Thanks Cindy for worrying about my job. Don't lose any sleep. I have money invested so i will be fine. I just refuse to blame one person for all of this. Unlike you. Marty lied? Marty doesn't OWN the company. He answers to other people. As i previously said educate yourself. Regardless of where you work today, you have a good chance of being laid off in today's financial climate.Or losing your home. But then i suppose that is Marty's fault too.Think of saving some money for the fortune Cindy. You never know when you will need it.
  • by Cindy on Jan 9, 2008 at 01:34 PM
    Ok Mary (Anonymous) I'm not comparing Kwikset to Ruiz, I said they are hiring & growing if you need a job. I said 3 years because it was rumored that they would be closed by 2010. I wasn't blaming Marty for anything. I said he "LIED" to us!!! Said everything was fine when asked about the rumors going around. We were told things by an employee that was at the daily morning meetings. I don't need your glasses, you better keep them for yourself. If you think Kwikset is safe, good for you but I wouldn't count on it. You can't blame everything on Bush. Bush didn't move several departments to China & Mexico. Like I said before good luck on your job search.
  • by Anonymous on Jan 4, 2008 at 02:35 PM
    Cindy. we should just agree to disagree. I read the newspaper and watch the news on TV. Many, many companies are going through a difficult time. Not just Kwikset. If you look at homebuilders they are slowing down. Does that mean all builders will be out of business in 3 years? Where did you get the figure of 3 years. Do you know something the rest of us don't know? Please enlighten us. I did find it laughable that you compare Kwikset with Ruiz. One is a hardware manufacturer and one a mexican food plant. Of course Ruiz is doing well. People will find a way to eat regardless of the economy.I just refuse to blame Marty for the whole situation. If you need to blame someone blame George Bush and his buddies. Need my glasses Cindy?
  • by Cindy Location: Pottsboro on Dec 27, 2007 at 12:45 PM
    Mary, educate yourself because you are going to need it. Kwikset isn't the same as it once was. The future is very uncertain for the company, it won't be long before another layoff. I liked Marty but he lied to the employees when asked about rumors. Three years at the most is all Kwikset has left. How do you know what I see? There is no one so blind as those that just won't see. Open your eyes & start looking for another job.
  • by Mary Location: Denison on Dec 27, 2007 at 08:20 AM
    Cindy, Marty has been here almost 3 years. If he was sent here to close the plant why is it still running? Didn't he also move his wife and children here? Originally, i wrote to this site because people need to know the positive things Marty has done. Eric was a horrible Plant Manager. Did you complain then? If you need someone to blame try the guys in suits at corporate who make the decisions. Not the messenger. I can't believe that you don't see that we are going into a recession. Educate yourself.
  • by Cindy Location: Pottsboro on Dec 17, 2007 at 05:45 PM
    Mary, I too worked at Kwikset & the rumor going around was that Marty was "the one" that the company sent to close or down size plants. That place is going down hill fast. I beg to differ but not all companies are having a bad time. Remember the Town Hall meetings where we were told all is well? Read in the paper that Ruiz is growing & they are hiring.
  • by Winnie the Pooh Location: Texoma on Dec 15, 2007 at 05:46 PM
    Mary, I worked for Kwikset & there were rumors going around that several jobs were going to Mexico & China. When we asked if they were true, Marty was the one that said no & told us not to listen to rumors. He knew what was going on. Why do you think they gave raises when Tyson & Ruiz came to town? To keep people there at Kwikset. How many Kwikset ex employees do you think are working at Tyson or Ruiz? Kwikset is no longer the place to work as it once was. The new job is going great & I'm making more money than I was at Kwikset. Hope your job search goes well!!
  • by Mary Location: Denison on Dec 13, 2007 at 09:40 AM
    Winnie i am sorry for your bitterness.Marty Doyle has done more for this plant than any previous manager.Do you really believe this is Marty's doing? Read the newspaper ALL companies are having a difficult time.Educate yourself.How is the new job going Winnie. I'm sure you will be bad mouthing them soon too.
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