AM I NEXT? NO LOVE AT GULFSTREAM AEROSPACE

Stephen Levine October 31, 2019

Am I Next? Gulfstream Aerospace reduction in force.

Savannah, Georgia-based Gulfstream Aerospace Corporation, the iconic manufacturer of premium business aircraft and a wholly owned subsidiary of General Dynamics, has announced that it laid off 446 employees, mostly administrative and business support functions, across the company’s eleven sites, with 362 employees being laid off in Savannah, Georgia. According to a company statement, "As part of Gulfstream’s normal, disciplined business practices, we routinely evaluate our costs, capabilities and workforce requirements. And sometimes, when we expand in one area, we have an offsetting contraction in another. In the past 10 years, Gulfstream has grown considerably, more than doubling its workforce. In order to ensure Gulfstream’s continued long-term success, we must consistently evaluate the size and structure of the business and adjust accordingly. We will continue to hire and add resources in areas aligned with our strategic growth plan, while judiciously consolidating, integrating and streamlining resources that no longer align with that plan. We regret the impact these decisions have on our employees."

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?

AM I NEXT? NO LOVE AT REGAL BELOIT (06/30/21)

Stephen Levine October 31, 2019

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."

AM I NEXT? NO LOVE AT TRIUMPH AEROSPACE STRUCTURES (02/19/21)

Stephen Levine October 30, 2019

Am I Next? Triumph Aerospace Structures closing two California facilities.

FEBRUARY 19, 2021 — PLANT CLOSURE WITH 130 LAYOFFS IN SPOKANE, WASHINGTON

The company plans to close its 394,000 square-foot composite systems aircraft components manufacturing plant in the summer of 2022. The plant’s major customer was Boeing and produced floor panels and ducting.

According to a company spokesperson, “Due to significant production rate reductions to our core business and the impact of COVID-19 on the commercial aviation market and travel industry, we have reached a point where it is no longer viable for Triumph to continue. at the present location; therefore made the difficult decision to start the process of closing the site.”

OCTOBER 30, 2019 — Original post…

Berwyn, Pennsylvania-based Triumph Group, a military and commercial aerospace equipment designer and manufacturer, has announced that it will be closing two Triumph Aerospace Structures facilities in California and a definitive agreement to sell its Nashville, Tennessee-based assembly operations to Wichita, Kansas-based TECT Aerospace, a manufacturer of complex aerostructure components, parts and assemblies from the full spectrum of traditional and aerospace alloys. The two California facilities, located in Hawthorne, California, and Torrance, California will impact approximately 250 employees, mostly involved in mechanical engineering and assembly operations. The layoffs are to be completed by the early part of December 2019. The company will retain and continue to operate an assembly and testing facility in Valencia, California.