From the Owosso Argus-Press

OWOSSO – The Steam Railroading Institute’s corporate officers have laid off all of their employees, except Executive Director T.J. Gaffney.

After an all-day meeting Saturday, financial concerns led to slashing the positions of Chief Mechanical Officer Greg Udolph and Marketing Director Kim Lazar.

Office Manager Jodi Hak previously was let go in late December and two contractors’ contracts, Sue Grieve and Justin Hamilton, were not renewed.

“This has been a very difficult process,” Gaffney said. “We know several groups benefited from events we held last year, so we hope several local businesses continue to support us.”

Despite a prosperous year in sales, totaling about $2 million, the corporate officers cut the budget to about $650,000 for 2010.

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