Jacksonville-based APR Energy, which is a subsidiary of Atlas Corp., has informed the state it plans to permanently eliminate approximately 50 jobs in September.
APR Energy, located on Jacksonville’s Northside, builds fast-track power plants around the world.
No reason was given for the workforce reduction, but it follows APR Energy's recently being acquired by Hong Kong-based Seaspan Corp. as part of a stock deal valued at $750 million.
The buyout resulted in a reorganization of Seaspan into a holding company called Atlas Corp. The deal closed in February, according to APR Energy.
At the time, the company said, “The Atlas platform is committed to sustainable, long-term value creation for its stakeholders. Atlas’ two wholly owned subsidiaries, Seaspan and APR, will continue to lead as owner/operators in diversified industries globally.”
Forty-six of the Jacksonville jobs being eliminated are full-time positions, many of them in engineering fields.
APR owns and operates a fleet of gas turbines and other power generation equipment and boasts it can set up large-scale power operations in as little as 30-to-90 days. In May, the company announced it had signed contracts to provide eight turbines producing 265 MW of power across three sites in Mexicali, which is the capital city of the Mexican state of Baja California.