dupont

Dave Mistich, WVPB

For more than half a century along the Ohio River, the chemical company DuPont provided jobs for thousands of people. One chemical they produced is PFOA, commonly known as C8. It was a remarkably useful compound, used in “Teflon” non-stick cookware, stain-resistant fabrics, and even in some food wrappers.

Jeff Chiu / AP

From NPR: Microsoft, the company that defined the PC, is still enormously profitable — but not as profitable as it once was.

Courtesy of DuPont

The more than 700 employees at the DuPont Titanium Dioxide plant in New Johnsonville, Tennessee will not lose their jobs according to Public Affairs spokesman David Hastings. The chemical maker is cutting 1,500 jobs throughout the company after a third quarter in which earnings fell sharply. The company reported net income of $10 million today, compared with $452 million for the same period last year. CEO Ellen Kullman said weaker than expected demand in titanium dioxide and photovoltaic markets contributed to the decline.