Creative Recycling Systems, an electronic equipment recycling operation, is closing its Tampa facilities, eliminating 74 jobs.
The job cuts at 8108 Krauss Blvd. will take place over a two-week period starting July 28, the company said in a WARN layoff notice filed with the Florida Department of Economic Opportunity this week.
In a letter to state officials, Creative Recycling president Richard Cochrane blamed the decision on "unforeseen business circumstances," include the loss of competitive bid opportunities and loss of access to cash. The company was unable to secure additional financing and, short of a sale, won't be able to keep the operation going, he wrote.