Wednesday, February 15, 2012

C&D Technologies to Lay Off 120 in Milwaukee

Looks like we can gain blame globalization and "free" trade for this layoff notice, as reported by
C&D Technologies Inc. will relocate some of production from its Milwaukee facility to a plant in Reynosa, Mexico.

While the Milwaukee facility will remain, the move eliminates 120 local jobs. About 100 employees will remain at the plant, 900 E. Keefe Ave.
The corporate FlackSpeak is strong with this one:
The company completed a comprehensive business evaluation and cited “intense competitive pricing pressure” as the reason for moving its power system product lines to Mexico. C&D said many of its competitors have also moved production to Mexico for cost reasons.

“This was a difficult decision but one that is sound and will allow us to continue production in Milwaukee,” said Jeffrey Graves, C&D president and chief executive officer. “Over the last five years, we have invested over $20 million to modernize our Milwaukee facility, streamline production, remove costs and improve efficiencies. Over the past several months, we were able to structure a solution that keeps C&D here and will help us realize those efficiencies. We’ve been a part of this community since 1999, and my hope is that we will be able to continue to make a business case for staying in Milwaukee in the years to come.”
You know what else would have allowed you to continue production in Milwaukee, asshole? Not moving your production to Mexico just so you can line your golden parachute.

Bonus: "She hit me with technology"

1 comment:

  1. That's kind of awkward considering President Obama is in Milwaukee THIS VERY DAY at Master Lock touting how manufacturers are moving jobs back to the United States. Mixed messages anyone? He's also appearing alongside dedicated union-buster Scott Walker: