CARY – Arysta LifeScience, global chemical manufacturing company, will lay off 18 employees in its Cary office by the end of July.
Arysta LifeScience specializes in innovative crop protection and science brands with over 200 active ingredients, according to its website.
Cary has been the home of the company’s North American headquarters since September 2005.
Arysta LifeScience did not immediately respond to a request for comment.
Arysta was acquired by United Phosphorus Limited for $4.2 billion in February, and the deal was first announced July of last year. UPL is now one of the top five agricultural solutions companies worldwide, according to company officials.
UPL was trading at 45 cents Thursday at market close, down 3.64 percent from opening.
The notice to the state was filed pursuant to the Worker Adjustment and Retraining Notification (WARN) Act, which must be filed 60 days in advance of a plant closing that affects more than 50 employees in a 30-day period or a mass layoff of at least 500 employees or between 50 to 499 employees if they make up at least one-third of the employer’s workforce.
This story is from the North Carolina Business News Wire, a service of UNC-Chapel Hill’s School of Media and Journalism