JUNE 30, 2021 — CONTINUING LAYOFFS AS COMPANY MOVES TOWARD FULL CLOSURE
The company is laying off more workers on July 30, 2021, following layoffs in May and June as it finishes the last remaining orders for the Sikorsky CH-53E Super Stallion helicopter. The full closure could come as early as September 2021.
SEPTEMBER 12, 2020 — PLANT CLOSURE IN VALPARAISO, INDIANA WITH 86 LAYOFFS
The company has decided to permanently shutter its helicopter bearing factory located in Valparaiso, Indiana.
The closure will affect 86 employees, with layoffs commencing when operations cease in May 2021, and with full plant closure expected in November 2021.
Some employees suggest that the closure is in response to a 3-month strike by unionized employees.
DECEMBER 3, 2019 — REGAL BELOIT LAYING OFF 60 IN CLINTON, WISCONSIN.
The company has announced that it will be shutting down activities in its Clinton, Wisconsin facility over the next six months with closure scheduled for June 2020.
According to a company spokesperson, “This decision has not been made lightly and we appreciate that it has a very real effect on both individuals and the broader community in Clinton.
NOVEMBER 2, 2019 — REGAL BELOIT TO SHUTTER WEST PLAINS, MISSOURI OPERATION
The company has announced that it will be laying off 204 employees in its West Plains, Missouri manufacturing facility and transitioning s operations to the company’s other facilities. The phased move is scheduled to commence in January 2020 and be completed by May 2020.
According to a company spokesperson, “The West Plains closure is part of the company’s long-term restructuring plans designed to keep the company competitive in the global marketplace.
OCTOBER 31, 2019 — Original Post…
Beloit, Wisconsin-based Regal Beloit, a manufacturer of electric motors and components, has announced that they will be closing their helicopter bearing manufacturing facility in Valparaiso, Indiana, and laying ofF up to 170 employees. The company has negotiated a final settlement with its union, the International Association of Machinists & Aerospace Workers, whose employees were on strike until August 2019 over wages and healthcare costs. The exact timing of the closure is pending. According to a company spokesperson, “No closure date has been set, as Regal is working to fulfill its obligations to customers and other stakeholders.
The company informed the union of its plans to discontinue our operations at this facility, exit certain products, and move the remaining work to our Monticello, Indiana, plant. This was not a decision that we made lightly, and a number of factors were considered including customer orders, inventory levels, and overall plant efficiency. We will continue to rely on our contingency plan in order to provide our customers with the highest quality products and service."
Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?