Whayne Supply cutting 87 jobs

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HAZARD, Ky. (WYMT) Whayne Supply officials announced their plan to cut more than 80 jobs. They have not mentioned which locations the decision will impact.

See official release below:

Due to deterioration in our traditional markets in the eastern Kentucky area and coal industry with no signs of future improvement for some time, Whayne Supply Company has to make the difficult decision to right size our locations and support center affected by these conditions. This action includes a layoff of 87 employees, or approximately 7% of the current Whayne Supply employee workforce.

The company’s priorities during this time are respect for employees and their families, as well as serving our customers. Prior to this announcement, the Company has worked to reduce expenses and has made opportunities available for employees to move into positions in other areas of the company with relocation packages provided.

Whayne Supply Company was founded in Louisville, Kentucky in 1913, and is one of the oldest and largest Caterpillar dealers in the United States. The Company has 17 facilities in 16 cities across Kentucky and southern Indiana. In addition to CAT equipment parts, service, sales, and rental; Whayne Supply Company is also the local dealer for Thomas Built Buses, Challenger, Massey Ferguson, Lexion, Sullair, Genie and other construction, industrial, mining, paving, forestry, and agricultural equipment.

As our company mission statement states; Whayne Supply Company will always strive to be the customer preferred provider for quality products, superior value-added support services, and innovative solutions in all markets we serve. Our business conduct will uphold our values while enhancing the success of our customers, employees, suppliers, and communities.

MONTY BOYD
President & CEO
Whayne Supply Company