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Isaacson called back 42 of 72 shop workers, rest on 27th

June 23, 2011
ERLIN — Last Wednesday's unexpected temporary furlough of all 72 of its shop workers ended on Monday morning at Isaacson Structural Steel (ISS) with more than half its blue-collar workforce back at work.

Forty-two workers were in the shop on Monday morning, and the remaining 30 have been asked to report for work on Monday, June 27, explained ISS's co-owner Steve Griffin cheerfully in a Monday morning phone interview.

The company's administrative staff, project management, and warehouse employees, totaling about 100 people, were not furloughed.

Isaacson employs close to 175 people, Griffin said, down from some 200 earlier this spring. "We had to make the very hard decision to let some go," he said.

The issues that necessitated the furlough are now resolved, Griffin said. "It was a temporary glitch," he said, declining, however, to provide any specifics.

Orders are not the problem, Griffin said. The backlog of orders is substantial and will not be fulfilled until March 2012.

ISS secured the structural steel order for the new $300 million 22-story Liberty Mutual building on Berkeley Street and Columbus Avenue in Boston's Back Bay for which ground was broken in Oct. 2010, adjacent to Liberty Mutual's corporate office campus at 175 Berkeley Street.

Last week, co-owners Griffin and Hanson issued a statement written by their lawyer: "Due to challenging conditions in the construction industry that have spared no companies, Isaacson is in the process of restructuring some of its debts and arranging for new financing to allow it to continue to provide the high quality services and products that has been its hallmark in the northeast construction industry. The company's owners are committing all available resources and using their best efforts to ensure that Isaacson can continue to meet its obligations to customers and most importantly to its loyal employees."

Martin Lord Osman
Armen Kevorkian
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Varney Smith
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