KILGORE, Texas (KETK) One of the largest major employers in Kilgore is shutting down operations.
According to a company spokesperson, Halliburton is closing its Kilgore facility.
In a statement released to KETK, Halliburton said:
“beginning Wednesday, April 29, we will be relocating our Kilgore operations to our Bossier City field camp facility. This decision takes advantage of Halliburton’s real estate footprint and will increase operational efficiencies across the Haynesville shale and adjacent oil and gas fields.”HALLIBURTON
According to the Kilgore Economic Development Corporation, Halliburton Services employees around 700 people total.
The Kilgore City Mayor Ronnie Spradlin says 243 employees have been laid off.
“I feel just saddened and disappointed.
I feel saddened and disappointed. You know, to lose your job at this point in time, it seems like way more than what you would put off on people. We’re hoping the real estate doesn’t go up for sale and they maintain it to move back in for when times are better.Ronnie Spradlin, Kilgore Mayor
The mayor went on to say this isn’t the first time Halliburton has laid employees off or said the company was leaving. He says companies have “knee-jerk” reactions now when the oil business fluctuates. He has faith the company will return when things return to normal.
Halliburton has made no statement regarding the possibility of bringing it back to Kilgore.
It isn’t only the Kilgore location affected. Halliburton has laid off more than 1,500 employees in April alone. 3,500 employees will go without pay for 60 days.
The company telling us the decision to close the Kilgore plant is largely attributed to the impact of the coronavirus. The company lost $1 billion dollars in its first quarter of 2020.