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50 Ohio Jobs Heading South of the Border

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More than 50 manufacturing jobs in Ohio appear to be heading to Mexico. The news came in a state filing by Peco II Inc., a communications power systems maker, which said the company will relocate its manufacturing operations south of the border as part of a cost-cutting plan.

According to the Business First of Columbus, 21 jobs that are directly affected by the relocation will be cut by Sept. 30. An additional 11 jobs at the facility in Galion will be terminated by the end of the year.

That’s not all. Peco II will phase out 11 administrative, information technology, finance and human resources jobs from October through the end of the year.

The owner of the Mexico factory, Plano, Texas-based Lineage Power Holdings Inc. purchased Peco II in April for about $16.7 million, Business First of Columbus reports. The Galion plant had about 180 employees prior to the purchase.

Lineage also said it is transferring product management and engineering jobs from Galion to Plano. Relocation packages to affected employees will be offered.

In 2009, Peco II lost $1.7 million on $42 million in revenue.

50 Ohio Jobs Heading South of the Border by
Authored by: Harrison Barnes