Wausakee Composites, Cuba City's largest private employer, closing
Wisconsin State Journal |Barry Adams|July 26, 2013
"Wausaukee only recently learned that the primary customer served by the Cuba City facility was closing one of its facilities and would no longer be ordering component parts from Cuba City," Trueman wrote. He also cited federal tax law changes and decreased investment in the wind energy industry.
"Wausaukee only recently learned that the primary customer served by the Cuba City facility was closing one of its facilities and would no longer be ordering component parts from Cuba City," Trueman wrote. He also cited federal tax law changes and decreased investment in the wind energy industry.
The largest private employer in Cuba City is closing its doors.
Wausaukee Composites, a parts manufacturer for the wind turbine industry, announced Thursday that it will close its more than 40,000-square-foot facility in the city's industrial park.
The move, effective Friday, will eliminate 36 jobs from the city and comes after the company went into temporary shutdown mode on June 14 with an unknown call-back date.
"You never want to lose a plant, but the silver lining is we saw it coming and we were able to prepare for it," said Taylor Gronau, economic development director for the city on the eastern edge of Grant County.
"I think Cuba City will fare well coming out of this. That building and site is incredibly useful. We think …
... more [truncated due to possible copyright]The largest private employer in Cuba City is closing its doors.
Wausaukee Composites, a parts manufacturer for the wind turbine industry, announced Thursday that it will close its more than 40,000-square-foot facility in the city's industrial park.
The move, effective Friday, will eliminate 36 jobs from the city and comes after the company went into temporary shutdown mode on June 14 with an unknown call-back date.
"You never want to lose a plant, but the silver lining is we saw it coming and we were able to prepare for it," said Taylor Gronau, economic development director for the city on the eastern edge of Grant County.
"I think Cuba City will fare well coming out of this. That building and site is incredibly useful. We think we can have this building sold within a year."
In a letter to the state Department of Workforce Development, Edward Trueman, president and CEO of the company, said 33 employees will lose their jobs on Friday, while the remaining three employees have accepted positions at the company headquarters in Wausaukee, located in Marinette County.
"Wausaukee only recently learned that the primary customer served by the Cuba City facility was closing one of its facilities and would no longer be ordering component parts from Cuba City," Trueman wrote.
He also cited federal tax law changes and decreased investment in the wind energy industry for a lack of new customers to replace the business recently lost.
The Cuba City employees, who are not represented by a union, do not have bumping rights at the company's Wausaukee and Owosso, Mich., plants but are welcome to apply for any open positions, Trueman said.
Wausaukee Composites is a subsidiary of Sintex Industries, a multinational manufacturer and distributor of structural plastics and textiles.