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The eBearing News
July 6, 2009
More Layoffs at NHBB Astro Division
copyright © 2009 eBearing Inc.
New Hampshire Ball Bearings (USA, a division of Minebea, Japan) Astro Division announced
another round of layoffs, bringing the total to 27, following a cutback in April.
Located in Laconia, New Hampshire, NHBB Astro division manufactures bearings primarily
for the aircraft and aerospace market -- spherical, rod-end and sleeve bearings.
The aircraft market has been notoriously slow during the current recession -- orders for new
aircraft have slowed, and in-service aircraft are not being used as often, so they also
need fewer replacement parts. Similarly, Astro division's other market customers, such as
industrial and high-end automotive, are also slow.
In April, Astro Division laid off 15 hourly and salaried employees.
This latest round cuts 12 more hourly production workers, split between the
first and second shift.
But Astro Division has not been hit as hard as some other aerospace manufacturers with
less diverse customer bases. NHBB Astro still employs 414 people and runs two shifts.
Employment is down from its peak of well over 500 a few years ago.
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