WAUKESHA, WI – The Terex Corporation is expected to lay off 92 employees by February.
According to a Wisconsin Department of Workforce Development mass layoff notice submitted by the company, 59 employees will lose their jobs on January 6, and 33 more in February.
According to the mass layoff notice submitted by Terex on Nov. 8, the company reviewed its overall manufacturing footprint and production capacity and determined that excess production capacity exists.
The company stated that it will consolidate its final-stage installation production into its South Dakota factory.
The Terex South Dakota factory manufactures aerial and digging derrick devices and already performs the same final-stage installation as the Waukesha facility.
As a result of the consolidation Terex will cease production at the Waukesha facility. The company stated it will continue to employ approximately 35 employees at the Waukesha location including service technicians, parts customer service and sales support positions.
