Monday, February 16, 2009

Regal-Beloit closes plant, 120 lose jobs

NEILLSVILLE, WI — The Leeson Electric Plant, which manufactures electric motors for paper mills, will stop production at the end of March, leaving more than 120 workers without jobs, according to WQOW-TV.

According to a representative of the Regal-Beloit Corporation, the company that owns the plant, operations are being outsourced to Mexico in an effort to save money, the story stated.

Neillsville Mayor Diane Murphy said: "It's a big impact for us, for sure. You've got to persuade these companies. It's not like it was years ago. People aren't out there looking for a community to locate in."

Regal-Beloit also owns plants in Black River Falls and Wausau, Wisconsin, but there are no current plans to close those plants, the story noted.

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