Tecumseh Products Co. announced Sunday that the company will be closing their manufacturing facility in New Holstein, Wis.
Approximately 320 workers will be affected by the plant closing, which produces component parts for gas engines.
The closing will take place in two stages that will begin in April 2007, when the jobs of up to 220 plant workers will end. The remaining 100 jobs will end on or about August 31, 2007.
"While maintaining several of its U.S. operations, Tecumseh over the past several years has increasingly outsourced the manufacturing of components and certain small engines to low-cost countries, including India, Brazil and China. Making these strategic moves enhances Tecumseh's ability to compete in the highly competitive global business environment,” James J. Bonsall, President and CEO of Tecumseh, said. “The impact of the decision announced today on Tecumseh's remaining workers in New Holstein is deeply regrettable, but unavoidable."
