NTN-Bower (a division of NTN Corp., Japan) has cut another 55 workers from its bearing manufacturing
plant in Macomb, Illinois. The factory will also be shut down for six weeks over the summer.
Earlier this year, the company cut 49 positions -- 42 probationary hires and 7 full-timers.
2009 article: NTN-Bower cuts 49 in Macomb
Macomb produces heavy-duty cylindrical and tapered roller bearings for trucks, forklifts and heavy
industrial equipment.
Major customers include Caterpillar, John Deere, and Dana.
Layoffs are in response to the continued down market in those business segments.
Macomb was also the first plant to push NTN-Bower's focus and expand production beyond bearings
to other high-value-added precision products that fit the same manufacturing framework as bearings.
At 300,000 square feet, Macomb was considered massive when it was built in 1966 by the Bower bearing
division of Federal-Mogul Corp. In 1985, NTN joined as a joint venture with Federal-Mogul, buying
out F-M's share in 1987. The plant has undergone many
changes since then and now covers more than 750,000 square feet.
NTN-Bower has long been Macomb's largest employer. After this most
recent round of layoffs, approximately 500 employees remain -- still a relatively high
level for Macomb, and only slightly below where it was in early 2008. There had been some hiring
in 2008, but those positions and a few more have now been cut.
In a statement, NTN-Bower said: "We regret these actions are necessary, but the slumping markets dictate
that we reduce production."