Ohio Plant To Close (Modine Manufacturing Co.)

[OhioChick]

Source: AP

POSTED: 12:45 pm EDT April 3, 2008
UPDATED: 1:41 pm EDT April 3, 2008

RACINE, Wis. -- A Wisconsin manufacturer of heating, ventilating and air conditioning systems for automobiles and equipment said it will close three plants, including one in Ohio.

Modine Manufacturing Co. of Racine said about 660 jobs will be cut as part of its plan to improve profits.

The plants being closed are in Camdenton, Mo., Pemberville, Ohio, and Logansport, Ind. Last month, the company said it was closing a facility in Germany.

Modine said the closures of the three plants will take place within the next year and a half to two years.

Chief Executive Thomas Burke said the decision was difficult but the company's restructuring plan means it'll save up to $25 million a year.

Modine said it'll work with employees on severance packages.

Read more: http://www.newsnet5.com/news/15783348/detail.html

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More jobs gone...

[tomreedtoon]

1. When nobody's buying America's cars...

...a lot of other people get put out of work too.

So who believes that GM, Ford and whoever else is left isn't largely responsible for making big, gas-wasting cars and selling them to insecure, stupid Americans? They got their sales for a while. They may not get any more.

[Kolesar]

3. Me, for one, does not believe that...eom

[Indiana_Dem]

2. Hey thanks, I'm from Logansport, IN, and I hadn't heard any of this.

Another one bites the dust. Our small town is sinking quick. Almost all of the doctors are leaving. We will have no orthopedic surgeons to fix any broken bones by August.