Monday, January 19, 2009

Plant Closing #18

The weakened economy is forcing the consolidation of weaker factories. I suppose that on the other side these companies will be stronger. Via WSJV news in South Bend IN.

Dexter Axle is closing its plant in Elkhart as part of a consolidation that will
cut 92 jobs.
The company says the closure in July is part of a plan to consolidate four northern Indiana plants into two at Albion and Fremont. The company previously announced it would close its plant in North Manchester.
The company will meet with officials of International Association of Machinists and Aerospace Workers Local 1315 to negotiate a separation agreement with the 70 production workers at the Elkhart plant. Shetterly said the company hopes to retain some of the workers as it expands the plants at Albion and Fremont.

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