Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Electrolux to Lay Off 130 at Freezer Plant
May 10, 2005
 Printable format
 Email this Article
 Search

The Electrolux freezer factory in St. Cloud, MN, U.S. will pause production May 9-13 and lay off about 130 workers May 23.

It is the fifth pause in production and the second major layoff in less than a year.

Electrolux spokesman Tony Evans attributed both events to a "softening of demand in the freezer market."

The May 23 layoffs affect the evening shift on a line making large and small upright home freezers. Workers could be called back when demand improves or other jobs open, Mr. Evans said. Unlike a December layoff of 229 workers, the May 23 downsizing is not related to outsourcing.

Stockholm-based Electrolux AB saw 2004 net income fall 34 percent. To stay competitive, it plans to move about 13 of its 43 U.S. and European appliance plants to lower-cost areas such as Eastern Europe, Asia, and Mexico.

The plant will have 1,350 employees after the layoff, down almost 9 percent from January. The St. Cloud plant also halted production April 11-15. (St. Cloud Times)

Back to Daily News

 

Daily News

...........................................................

Jul 29, 2014: Jarden Reports Record Net Sales in 2Q

Jul 29, 2014: LG USA Names VanderWaal to Head Marketing

Jul 29, 2014: Smart Meters May Provide An Entrance Point for Cyber Attacks on the Connected Home

Jul 29, 2014: TCL Will Manufacture Portable HVAC Equipment for Soleus Air

Jul 29, 2014: HVACR Contractors Outlook Remains Positive

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows