News

Spencer Eaton Plant To Permanently Close In September 2017

Wed 11-9-2016 []

(Spencer)-- Officials with Eaton Corporation announced today (Wed.) the Spencer manufacturing facility will be closing for good in September of 2017, at the conclusion of the 3rd quarter of 2017, putting some 140 people out of work.

Eaton Spokesman Jim Michels says the decision is not a reflection on the employees in Spencer. Instead, he says, it’s the result of a continued decline in sales, which were off nearly 16 percent year-to-date.

Michels added Eaton officials will work with employees who will be impacted.

Workforce reductions are scheduled to start in the first quarter of 2017 and continue for 9 months.

Those impacted are being urged to contact Iowa Workforce Development and the Iowa Lakes Corridor Development Corporation.

Today’s (Wed.) developments came on the heels of news in June when it was announced that 33 percent of the company’s staff of 180 in Spencer would be eliminated by June 2017. That announcement followed one in February that reduced the workforce by 20 jobs as a result of the company moving some of its product line to China.

Eaton’s plant in Spencer has been in operation since 1974.