Mexico, Mo., plant to close in October, layoff 153
Parker-Hannifin Corp. plans to close its Sporlan Valve Co. plant in Mexico, Mo., in October, and consolidate its operations in the firm's Washington, Mo., plant, spokesman Jim Cartwright said Tuesday.
The closure, meant to increase business efficiencies and save costs, will result in the layoff of 153 employees, according to Cartwright.
The Mexico plant manufactures thermostat valves for the heating and cooling industry.
While the plant is scheduled to officially close in October, Cartwright said Parker-Hannifin plans to begin phasing out jobs Aug. 18.
Cleveland-based Parker-Hannifin (NYSE: PH) acquired Sporlan in October 2004.
The closure, meant to increase business efficiencies and save costs, will result in the layoff of 153 employees, according to Cartwright.
The Mexico plant manufactures thermostat valves for the heating and cooling industry.
While the plant is scheduled to officially close in October, Cartwright said Parker-Hannifin plans to begin phasing out jobs Aug. 18.
Cleveland-based Parker-Hannifin (NYSE: PH) acquired Sporlan in October 2004.
Labels: layoffs, Missouri, Parker-Hannifin, Sporlan Valve
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