Briggs & Stratton has plans to pay an average severance of $5,000 to union-represented employees who will lose their jobs at the Wauwatosa, Wis., plant. The company also plans to sell the plant and then partially lease it back, reports the Milwaukee Business Journal.
The report says,
Employees who are losing their jobs will be eligible for payments ranging from $1,700 to $13,300 depending on their seniority and amount of accrued vacation, but the company estimates the average will total about $5,000. The final figure will depend upon the seniority of employees who seek the severance package, the company said.
The United Steelworkers union represents about 330 employees at Briggs and the terminations will total about 185 of them, the company said. Briggs also has said 40 salaried employees will be impacted by the transition.
According to the report, Briggs & Stratton disclosed via a state layoff notice in late June plans to transfer from Wauwatosa production of lawn tractors, residential zero-turn mowers, snow throwers and pressure washers. The company plans to consolidate manufacturing at its plants in Munnsville, N.Y., and Sherrill, N.Y.
Back in March, the company announced plans to move its residential turf products and home maintenance operations to New York. The home maintenance pressure-washer production will be outsourced to a third party.
While production was initially planned to be moved from the Wisconsin plant by the end of August, Briggs recently announced layoffs at the plant would be delayed by about a month.
The full report can be read here.