Modine Will Offer Buyouts to 200; Half of Packages to Go to Racine Workers; Taiwan Plant to Close
The Milwaukee Journal Sentinel › May 23, 2006
Linked as:
Summary
Modine Manufacturing Co. on Monday announced the next phase of its global restructuring plan, including early retirements for 200 U.S. employees and the elimination of 200 jobs in Taiwan when a factory is shut down.
The buyouts are enhanced early retirement packages offered to about 200 salaried employees who were planning to retire from August through March. The buyouts will be spread about 50/50 between the Racine headquarters and the company's other facilities in the United States, spokeswoman Lori Stafford said.See the full content of this document
Extract
Modine Will Offer Buyouts to 200; Half of Packages to Go to Racine Workers; Taiwan Plant to Close
Modine employs about 750 people in Racine and about 8,200 worldwide.
Modine, a maker of heating and cooling equipment used in cars, trucks, electronics, i...See the full content of this document
Sponsored links
