I never like to see businesses close, relocate, lay off workers, etc. But, it is often a necessary part of business. A local factory in Selma will be shutting down soon. Apparently, there's a slow down in the market for the product being manufactured in the Selma facility. Buggy whips are no longer manufactured, either, so I understand. I hope the best for all Eaton Corp. employees that are being relocated, laid off, or just leaving.
Here is part of the WMPM news story.
Eaton To Close Selma Facility, 200 Workers Impacted - Eaton Corporation announced Thursday plans to close its Selma electrical facility in early 2007. The facility’s vehicle controls product line will move to an existing Eaton facility in Reynosa , Mexico . Two hundred full and part-time workers will be affected. The product line move is aimed at maintaining the long-term competitiveness of Eaton’s vehicle controls products amid fierce price pressure and preparing for the anticipated 2007 slowdown in the North American Class 8 truck market. Eaton projects that the slowdown in the Class 8 truck market will reduce demand by at least 40 percent for the product now being assembled at the Selma facility.