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DuPont Corporation Looks Into Next Step
By: WOUB Contributing Writer
Posted on:
The DuPont corporation is considering selling or spinning-off its performance chemicals division.
The company made the announcement a day after reporting a twelve percent drop in its second quarter earnings.
In a company statement, DuPont says it's considering ways to provide growth options for its shareholders.
Robin Stemple, spokeswoman for DuPont Washington Works, says products are made at the plant for the performance chemicals division-as well as for other DuPont divisions.
Stemple added it's too early to speculate what that might mean for the local plant.
Washington Works is one of the area's largest private employers and is celebrating its 65th anniversary this month.