POPLAR BLUFF, Mo. (AP) - A manufacturing company plans to move its operations in Poplar Bluff and Boonville to Mexico, putting about 700 people out of work.
NORDYNE announced Thursday that it will gradually relocate its split system and furnace manufacturing lines to Saltillo, Mexico. The move will affect 200 employees in Boonville and about 500 in Poplar Bluff. The company will says it will continue to manufacture some heating and cooling systems in Dyersburg, Tenn.
Dave LaGrand, president and CEO of NORDYNE, says the move is necessary to remain competitive.
NORDYNE says its employees will receive severance pay, extended health insurance coverage and outplacement services.
KFVS reports (http://bit.ly/Ydl9Xa ) NORDYNE opened its Boonville plant in 1979 and its Poplar Bluff plant in 2001.
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Information from: KFVS-TV, http://www.kfvs12.com