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Pastimes : Layoff Totals for US Companies

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From: peppe511/24/2009 2:09:39 PM
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150....Terex Cranes lays off 150 in Waverly
By JOHN MOLSEED, Courier Staff Writer
WAVERLY --- Terex Cranes in Waverly announced about 150 employees are being laid off, as the effects of the global economic slowdown continue to seep into the Cedar Valley. The layoffs are due to a softening demand for the mobile cranes manufactured at the Waverly facility, according to a company statement released Friday.

The plant employed more than 350 people before the announced cuts. Many belong to the United Auto Workers local 411 in Waverly.

The plant in Waverly makes boom trucks, truck cranes and rough terrain cranes.

Employees got the news of the layoffs late Thursday. On Friday, Iowa Workforce Development officials already had started workshops and classes at the Waverly Public Library for Terex employees.
wcfcourier.com
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