Syntroleum Reduces Its Workforce

Syntroleum Corporation says it&#39;s reducing its Tulsa-area employment by about one-third. <br/><br/>It’s shutting down its gas-to-liquids plants in Catoosa and Tulsa. That means 46 people will lose

Friday, September 8th 2006, 6:15 am

By: News On 6


Syntroleum Corporation says it's reducing its Tulsa-area employment by about one-third.

It’s shutting down its gas-to-liquids plants in Catoosa and Tulsa. That means 46 people will lose their jobs.

Syntroleum is known for its process to convert natural gas or coal into liquid fuel.

The company lost $28-million during the first half of this year. Its stock is way down to less than $4.50 a share. It was nearly $16 2005.
logo

Get The Daily Update!

Be among the first to get breaking news, weather, and general news updates from News on 6 delivered right to your inbox!

More Like This

September 8th, 2006

March 14th, 2024

December 4th, 2023

September 25th, 2023

Top Headlines

March 28th, 2024

March 28th, 2024

March 28th, 2024

March 28th, 2024