Buchanan manufacturer to relocate, lay off 45 workersPublished 11:13pm Wednesday, May 5, 2010
By AARON MUELLER
Niles Daily Star
Buchanan’s Bosch Rexroth Corp. manufacturing facility will relocate its operations to an existing facility in Charlotte, N.C., the corporation announced Tuesday.
Buchanan’s facility at 816 East Third St. currently employs 65 people, and 45 of them will have their positions eliminated.
A small engineering, sales and service office will remain in Buchanan, allowing 20 of the employees to retain jobs locally.
There is a possibility of an undetermined number of employees to relocate to the Charlotte facility, according to spokesperson Becky MacDonald.
Relocation will take place in a phased approach beginning in the third quarter of fiscal year 2010, according to MacDonald. The company hopes to complete the relocation and shut down the Buchanan manufacturing facility by mid-2011.
Bosch Rexroth is an engineering firm based in Germany with locations in more than 80 countries. The Buchanan plant is part of the linear motion and assembly technologies division, manufacturing ball and roller rail, plain bearings and ballscrew assemblies.
Bosch Rexroth is making the move in order to “strengthen market position and gain further operational efficiencies in its Linear Motion and Assembly Technologies business.”