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Old Sep 13, 2008 | 07:12 AM
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Dodge Favre ever's Avatar
Dodge Favre ever
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Joined: Oct 2007
Posts: 192
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From: Milw., Wi.
Default RE: Yet another roller coaster ride

I've seen that before, have been there, and went thru it just like Hurricane Ike. That happened at OMC -Outboard Marine Corp. makers of Evinrude and Johnson outboards motors. A privately held group came in bought the company, started to make changes. They did not know how to operate a manufacturing company. We had layoffs some people were held out of senority because of their particular jobs. Went thru negocations, company wanted to start a second tier of lower wages. Then they started shipping jobs out to other places. Then they decided to close one plant move those jobs out. Then the main plant that manufactured the engine parts. Crankshfts, Connecting rods, drive shafts if you don't have those you, you don't have a engine to sell. They asked their highly skilled workers if they would go to different locations (won't mention any cities here so not to offend those that live or work there.) to train people to do ours jobs. We were told it be about 3 months and we could fly home on weekends.

Needless to say that plan has failed. They had to file for bankruptcy and sold all of the assets. I am not bitter, recieved a serverance package, vacation, pension, and 401k. Bought a new boat with 20% employee discount. With 2 of the last engines I built, and went fishing.

PS. Bombardier bought the assets and building the Evinrude and Johnson Motors here in Wisconsin.
www.evinrude.com
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