January 20, 2017

70 Layoffs Expected At Northern Indiana Factory

PERU, Ind. (AP) — One of the largest employers in a northern Indiana county plans to lay off about 70 workers and move some production to out-of-state factories.

Schneider Electric says it expects to make the job cuts at its Square D factory in Peru by late 2017. The company plans to move some production of power distribution panelboards to plants in Texas and South Carolina.

The Kokomo Tribune reports the layoffs will amount to about 15 percent of the Miami County factory's current 465-person workforce.

Schneider Electric says the production shift is needed to improve the company's competitive position.

Support independent journalism today. You rely on WFYI to stay informed, and we depend on you to make our work possible. Donate to power our nonprofit reporting today. Give now.

 

Related News

Debate continues over move to make it illegal to sleep on public property
Indy leaders celebrate road funding bill headed for Gov. Braun's desk
An Indiana Girl Scout's push to repeal the 'period tax' might be thwarted by a tight budget