165 jobs Miller Electric cutting
By admin at 14 February, 2009, 4:54 am
Citing the struggling economy, Miller Electric Mfg. Co. announced Thursday it’s cutting 165 jobs, or about 12 percent of its work force of 1,400 in the Appleton area.
The company, which makes arc welding and plasma cutting equipment, blamed weak global economic conditions and a decline in demand for its products.
Miller is a subsidiary of Illinois Tool Works of Glenview, Ill. It had announced 95 job cuts in November.
In addition to the cuts, all Miller employees will take two weeks of unpaid time off this year, and the firm plans two non-consecutive weeks of plant shutdowns.
Miller president Mike Weller said the company will keep working to seek new opportunities for growth, such as product development to help customers stay competitive.
No comments yet.