GenCorp to lay off 61 in Rancho Cordova

Published: Friday, Feb. 21, 2014 - 5:34 pm

GenCorp Inc. is laying off 61 workers at its Rancho Cordova headquarters as part of a nationwide downsizing.

The rocket engine manufacturer is also trimming 162 jobs in Canoga Park, home of its new Rocketdyne subsidiary.

GenCorp previously announced it was laying off 225 workers as it blends Rocketdyne into its Aerojet business.

The company said the layoffs were needed to eliminate overlap between the two companies. The combined subsidiary is called Aerojet Rocketdyne.

GenCorp bought Rocketdyne for $550 million. The takeover was completed in December.

Call The Bee’s Dale Kasler, (916) 321-1066. Follow him on Twitter @dakasler.

Read more articles by Dale Kasler

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