PEORIA – The Liberty Steel and Wire plant will temporarily reduce production and furlough employees, the Journal Star has learned.
The company is reducing production at its melt shop facility and rod mill, along with reduction at its wire mill, all located at a giant complex off Adams Street.
Liberty Steel said in a statement to the Journal Star on Wednesday that “severe challenges” in the steel industry, including an “influx in low price imports,” are what led to the decision to furlough employees at its Peoria melt shop and rod mill…