ICM further reduces staff

By Ron Kotrba | March 05, 2009
Web exclusive posted March 20, 2009, at 1:36 p.m. CST

ICM Inc. announced March 17 that it has cut another 98 jobs. "The decision to reduce our workforce has been extremely difficult, and a decision that I do not take lightly," said ICM president and Chief Executive Officer Dave Vander Griend. "I understand the burdens that will be placed on our employees and their families, and ICM will do its best to help each employee with this transition."

Monique Garcia, a communications specialist with ICM, told Ethanol Producer Magazine that after the workforce reduction of 98 people, ICM has approximately 310 employees on staff.

"The challenges encountered by multiple industries during this global economic crisis are certainly unprecedented," Vander Griend said. "However, I believe that making these difficult decisions now and re-evaluating the priorities that have made our company successful will enable ICM to survive this downturn and strengthen its ability to thrive in the long term."