lay offs, more questions
Wanda English Burnett, Editor
According to information in a press release
from Batesville Tool & Die, the company laid off 58 full-time
associates recently as a direct result of the economy.
Jody Fledderman, president of the Batesville facility, noted that
sales in their industry was off by nearly 40 percent.
As to when the employees would be returning to work, there was no
time frame given. Hopefully the economy will rebound soon
and we can concentrate on growing our business as we have for three
decades, Fledderman noted.
The lay off is the first in 30 years for the Batesville company.
One of the companys main customers is Honda, which has also
been affected by the economic downturn in auto sales.
This comes on the heels of the announcement that 170 people would
be affected by lay-offs at Hill-Rom in Batesville and Gecom letting
more of its employees go as well.
With all of the job uncertainty, particularly within the automotive
industry, questions have been raised about the future of Belletech
in Ripley County.
Mark McIntyre, vice president of Belletech replied to questions
from the Osgood Journal last week about their status in the building
process in Versailles. He noted they are currently working with
local officials to determine exactly how much of an impact
the slow economy will have on our operation.
McIntyre further noted that Belletech has made a proposal to Ripley
County officials and will release that information upon receiving