The cuts occurred on or before May 21, the same day the engineering and construction firm and 20 subsidiaries filed for bankruptcy protection.
The fallout from San Antonio -based Zachry Holdings Inc. ’s exit from the Golden Pass LNG project has resulted in 4,410 workers getting pink slips. The cuts occurred on or before May 21, the day the giant engineering and construction firm and 20 subsidiaries filed for bankruptcy protection in Houston , blaming difficulties related to the construction of the liquefied natural gas export terminal in Sabine Pass just south of Port Arthur .
Zachry subsidiary blames insolvency on feud over building costs for Golden Pass LNG export terminal The company said in a statement it was “forced to take decisive action to protect our business” after it absorbed “staggering costs” at Golden Pass related to supply chain challenges that have spiraled since the start of the pandemic. Zachry has sued Golden Pass LNG and its owners in bankruptcy court for refusing to pay for work performed on the project.
Zachry Holdings Inc. Mcdermott International Texas Workforce Commission Chiyoda International Corp U.S. Department Of Labor James ``Jay'' Old Jr. Marvin Isgur Qatarenergy Amanda Drane Houston San Antonio Sabine Pass Port Arthur U.S. Japan Zachry Golden Pass Golden Pass LNG Retraining Notification Worker Adjustment Chapter 11
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