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Greater Cincinnati auto lender to shut down, lay off workforce of 150

By: capt_nemo in POPE 5 | Recommend this post (0)
Sat, 10 Aug 19 8:32 AM | 31 view(s)
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A Greater Cincinnati auto lender that specializes in loans to service members will close this year, resulting in the layoffs of all 150 of its employees.

Security National Automotive Acceptance Co. LLC (SNAAC), located at 6951 Cintas Blvd. in Mason, will cease operations by the end of the year, according to a Worker Adjustment and Retraining Notification (WARN) filed with the state, a requirement for major workforce reductions and plant closings. The notice, written by Grant Skeens, president and CEO, was sent to the Ohio Department of Job and Family Services on Aug. 7.

http://www.bizjournals.com/cincinnati/news/2019/08/08/greater-ci




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