It looks like the never-ending dilemma of companies folding due to the recession has added another one with the announcement that Gates Corporation is shutting down its Rockford plant. Gates employs 150 people in Rockford. The production work they were doing will be absorbed into Gates’ other North American production facilities.
“We are in a very competitive business, both here and internationally. We regret having to consider any plant closing,” said David Gau, President of Gates Fluid Power. “The closure is not a reflection on the performance of the plant employees or plant operations. Rockford has been in operation for a long time, and we respect and appreciate our longstanding relationship with our employees and the community”.
“We are in a very competitive business, both here and internationally. We regret having to consider any plant closing,” said David Gau, President of Gates Fluid Power. “The closure is not a reflection on the performance of the plant employees or plant operations. Rockford has been in operation for a long time, and we respect and appreciate our longstanding relationship with our employees and the community”.
(Source) WREX
Tags: Closure, community source, david gau, dilemma, fluid power, gates corporation, long time, longstanding relationship, plant gates, plant operations, recession, reflection, rockford