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Wilmington factory to close, cut 90 jobs

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WILMINGTON, NC (WWAY) -- A Wilmington manufacturing plant will close by the end of the year putting about 90 people out of work, according to a statement from the company.

Terex Cranes, at 202 Raleigh Street, will shut down its production facilities in Wilmington. The plant is a fabrication and assembly facility for tower cranes and small crawler cranes. The company says service and aftermarket support for these product lines will remain in Wilmington for the foreseeable future. Parts will be housed in Mississippi.

Terex says approximately 90 employees will be laid off, including about 60 production workers. The rest are administrative positions. For union-represented team members, all terms of labor contracts will be honored, and for other team members, severance pay and outplacement assistance will be provided.

"While the economy is beginning to improve, manufacturing capacity is greater than needed to meet foreseeable market demand," Terex president Kevin Bradley said in a statement. "The decision to cease plant operations in Wilmington was not an easy one, because we know this action affects team members and their families. However, we have determined that discontinuing production at Wilmington is the right decision for our business as we continue to consolidate our manufacturing footprint, consistent with the needs of our global customer base."

Terex purchased the Wilmington facility from American Crane in 1998.

In March 2009 Terex announced the layoff of 30 workers at the plant because of a continued decrease in the global crane market.

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Wilmington Wants jobs...

Until a business threatens to open in our town.

One thing that comes to mind is Savanah Georgia.
Stand on river street and look east at the ports framed by the big new bridge they have built.
Then stand dowtwon on Water street here in Wilmington and look South to the ports...Nice piece of metal with tarps hanging from it hugh?

I say bring Titan, build and open a bigger Port, build new bridges. It's infrastructure people.

Well stand on the highest MOUNTAIN

I am in the same boat, The plant I have worked for 12 years is closing it doors tomorrow. It shut production down in 1998. We have been a storage distrubition terminal since. We need JOBS here. I have sent out 123 resumes since May 9, 2011. I have one call back for a interview...

The next time you go to a meeting or get on the news or radio screaming don't bring Titian, New Bridge, New port. Please think about us that have 30+ plus years in the work force, supporting our communites, paying taxes, schools, business. We are now out of work and you that has retire here, that don't need to work

Please think of the rest of that do. I will be at the meeting, newspaper, radio. SCREAMING BRING THE JOBS!!!!!!!!!!!!!!!!

Apps Online

My son had the same problem. He was laid off last year because of the economy and has been applying almost daily for jobs ever since. He FINALLY had an interview this week and was hired. It's only a part time job, but it may lead to full time with benefits.

I think part of the problem is that most companies now want everyone to apply online, instead of people being able to walk in and meet someone face-to-face to ask for an application. My son is great at meeting people, but when you have to apply online, you're just one of hundreds looking for work. You don't stand out, so you don't even get an interview. If my son can ever get an interview, he usually gets the job.

I empathize with your situation...

but until the level of uncertainty over taxes, healthcare in the form of Obamacare, and other intrusive governmental regulation subsides, the job creators are going to be sitting on the sidelines.

Keep sending those resume's...at least you're looking. Far too many have given up.

Where's...

Bev "I'm the Jobs Governor" Perdue when you need her!

Maybe...just maybe...

our illustrious elected officials at the City and County level will step in and try to convince the Company not to close...after all, they are a persuasive bunch...aren't they?!

I don't think so,,,,

I have worked for these people in the past, they are cut throat business men. They don't care who they step on as long as they keep climbing to the top. If they don't see a profit in their future with a company that company is history. Like they told us when they first bought American Crane in our first plant meeting we where told this is a business, if you want a friend buy a dog we are here to make money. The people who work there are great workers and have been ran through hell since 1985. If you are a business owner and need a hard working person hire a Terex employee they are smart and tuff as nails. They have always been like family to each other and I have never had the honor since to work with such kind hearted people since I left there. I pray for each of you that as one door closes another one will open.