CNH Industrial will indefinitely lay off about 105 full-time employees at the tractor plant this month, reports the Racine Journal Times. The layoff is expected to begin this month.
The Racine plant manufactures Case IH Magnum and New Holland 8000 series tractors and, as of Monday, employees 520 production workers — all of whom are union members, Jeff Vassh, president of United Auto Workers Local 180, told the paper.
According to the article:
Agricultural equipment sales have been slow industrywide for more than a year. CNH previously responded with layoffs of about 150 workers in November 2014 and about 100 again last March. Before the first of those, the local tractor plant had about 850 production workers.
Vassh said he expects the next round of layoffs to slow tractor manufacturing there by about another 20%.
He said rumors of another mass layoff had been circulating before the holidays, and the normal holiday production shutdown from Christmas Eve to just after New Year’s Day was lengthened by a week this holiday season. However, Vassh added, “I thought we made enough adjustment” to avoid additional layoffs.
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