Articles
advertisement
Resources
Issue Archive
Event Calendar
The Rental Show– New Orleans, LA
February 6-8, 2012
CMI Terex Confirms 146 Cut at Plant
CMI Terex Corp. recently confirmed the layoffs of 146 employees at its Oklahoma City heavy-equipment plant last week as state and local governments have less money to spend on road-building projects, The Oklahoman recently reported.
Art Kaplan, president of Terex Roadbuilding Group, said 127 production employees and 19 administrative workers have been laid off at the factory. About 500 employees remain at the plant, he said.
CMI Terex eliminated the plant's second shift, with workers laid off in order of seniority. According to the report, most who lost their jobs had less than 10 years of service with the factory. Laid-off employees were offered between four and eight weeks of severance pay, as well as outplacement help in finding jobs.
CMI Terex makes equipment such as concrete pavers, grinders and asphalt mixers. Oklahoma City is headquarters for the Terex Roadbuilding Group.
Want to use this article? Click here for options!
© 2012 Penton Media Inc.
Acceptable Use Policy blog comments powered by Disqus
most recent story
popular articles
advertisement
Popular Articles
Stock Block
Buyers Guide
Buyers Guide
The RER Industry Directory is the resource buyers like yourself rely on when looking for up-to-date information on the products or services you are searching for.
Learn More
Rental Rate Guide
Rental Rate Guide 2012
Want to know how much equipment is renting for these days? Find out in RER's original 2012 Rental Equipment Rate Guide.
Learn More








