BLOOMINGTON, Ind. (AP) - General Electric is laying off 164 workers at a southern Indiana refrigerator factory, although that is about 30 fewer than the company had anticipated.
Layoff notices were handed out Monday at the Bloomington
factory, which will be left with some 530 workers.
Company officials announced plans last year to close the
factory. The company reversed that decision in July, saying
government incentives for making energy-efficient appliances there
could be extended until 2013.
General Electric says the layoffs are necessary because demand
is down 42 percent over the past three years for the side-by-side
refrigerators made at the plant. It says about half those being
laid off are eligible for retirement.
(Copyright 2009 by The Associated Press. All Rights Reserved.)
What are your thoughts CLICK HERE to leave us a "QUESTION OF THE DAY” comment.
© Copyright 2016, A Quincy Media broadcasting station. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.