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Company to shut 2 manufacturing plants in New York

AMSTERDAM, N.Y. (AP) -- A fiberglass manufacturer says it will shut down both of its plants in a Mohawk Valley city after more than a half-century in business, putting more than 100 people out of work.
Fiber Glass Industries Inc. announced Tuesday it would be closing its plants in Amsterdam over the next 90 to 120 days. The plants manufacture fiberglass and supply fiberglass composites to manufacturers such as General Motors and employ about 120 workers.
Company Chairman John Menzel said his firm could no longer compete with products manufactured overseas, particularly in China.
Amsterdam, a former industrial center, is located on the Mohawk River 30 miles northwest of Albany.
AP-WF-08-06-14 1055GMT
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