INDIANAPOLIS, Ind.-- Employees of Rexnord Bearings in Indianapolis found out during shift change Friday that the company is likely moving its manufacturing facility to Moneterrey, Mexico.
The Steelworkers Union went to meet with the company and were told it would be closing its doors between April and June in 2017. The union said the number of affected employees is around 350. Their average wage is around $24 per hour.
Rexnord makes gear drives, bearings, industrial chain, brakes and other components. Their website says their products and services support the transportation, mining, energy and food industries.
The plant is located at 7641 Rockville Road. The company says a final decision on the matter has not been made.
According to the union, the Rexnord plant in Clinton, Tennessee already moved its operations to the same facility in Mexico.
A Rexnord spokesperson issued the following statement:
"Rexnord has tentatively decided to relocate its Indianapolis, Indiana manufacturing operations to an existing Rexnord manufacturing facility with capacity in Monterrey, Mexico.
"We understand, recognize and respect that in these circumstances discussion and openness with the Steelworkers Union is an important step. We have invited the Union to join us in an open and frank discussion over this potential relocation and the impact it would have on Rexnord associates and their families.
"While no final decision has been made, completion of the potential relocation process would be targeted for April through June 2017."
Chuck Jones, President of United Steel Workers Local 1999, issued this statement:
"Once again it's a shame people are losing their livelihoods due to corporate greed. We cannot compete with a $3 an hour wage. I'm not sure when this is going to stop and unfortunately, I believe it's only going to get worse."
Earlier this year, workers at Carrier found out the company was moving it's manufacturing plant to the same city in Mexico.