Thread regarding Logan International Inc. layoffs

Damn I Still Work Here !!!

Another layoff at Logan Oil Tool 51 employees let go last Thursday . They have hardly any work . There revenue has fell about 57% for the 3rd. quarter of 2015 vs. 3rd. quarter of 2014 . They share price is $1.45 a share in Canadian $ . So in U.S.$ that's about $1.10 a share noting but penny stock . I know for fact by looking at there backlog orders the worst is to come . This company is headed in the direction of T-Rex . If they survive they will have to rebuild there workforce which was illegals cheap labor they made money . Now the game has changed . They still scrap more than they make with the process that a mentally challenged monkey designed . Other than that another day in hell here .

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Post ID: @OP+EY9DTk9

3 replies (most recent on top)

I've worked here all my life since1976 I've seen it grow if this company is suppose to be so bad why have so many people worked here on their own free will. There are things that could be improved I agree and yes some good machinist who shouldn't have been laid were. I've never been and never will be a so called company man but I'm fair in what I do and say everyone who knows me will tell you that. Company needs improvements and hopefully it will happen soon. The illegal issue has been around for years that everyone knew it's been at every ccompany in Houston so it's nothing new a lot of these guys were good workers and they paid the price and let go. So what do we do now, but do your job and see what happens. If you were laid off and don't like the company don't come back to the so called hell hole move on to something better. When I retire or get laid off I don't expect anything from this company so why should you. And if you comment on here don't beat around the bush and write your name.

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Post ID: @1Pbzk+EY9DTk9

When oil price was high everybody was buying . Logan is a crooked place ran by a f** idiot . But please remember their corporate office can be seen for miles around . That was a statement sent to management now doesn't that make you feel warm. I have never seen a company do things the way Able V. does a material expiditer who thinks he's a engineer go figure. All I have to say that anyone who knowingly hires illegals gets them false documents and rents them a house is a crook. There customers now know that how they operate . Screw this company .....

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Post ID: @9dki+EY9DTk9

Yes that place is full of idiots . Abel V. is walking turd , the flies are his pets . If you can't see him coming which is hard to believe the fat bastard just look for the flies . I wonder what he has on the company no education and a Plant Manager . The only laugh I got there about 3 1/2 yrs. ago they were going to put him head of eng. what another joke . All I have to say this company is doomed . 2 things will happen some fool buys them for pennies on the dollar or it's closing time. They way Abel did people under him and now all the layoffs the truth and the word hits the streets . It should be called Alamo Oil Tool this company is as racist as it gets . Poor Logan took the hit from ICE on all the illegals this Abel hired provided false documents then rents them a house . Then he has a machine shop in Houston Valpo or something like his partner in that business works in the front office at Logan . That's how it goes there at Logan it's the Wild West when it comes to a dollar . One day Abel if the Feds. Or IRS don't get you the people hate you stinking guts . This person is a subhuman . Other than that the place sucks ......

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Post ID: @1irz+EY9DTk9

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