Information on Goodfield Ill Closing.
Goodfield farm implement plant closingAssociated Press
GOODFIELD, Ill. - More than 200 workers will lose their jobs next year when a plant that makes farm implements closes in this small central Illinois town, officials said Wednesday.
Goodfield's Case New Holland plant will be shuttered by the end of 2007 along with a factory with 450 employees in Belleville, Pa., according to CNH Global, a Lake Forest-based company that manufactures farm and construction equipment.
The closings will save money by streamlining manufacturing operations, said company spokesman Thomas Witom. Work from the shuttered plants will be shifted to factories with excess production capacity in the U.S., Canada and Poland.
CNH Global announced the move Wednesday while reporting third-quarter earnings that rose 148 percent to $67 million compared to the same period a year ago.
The Goodfield plant, which opened in 1961 and was purchased by CNH Global in 1998, manufactures farm implements such as field cultivators and fertilizer applicators, Witom said. The Pennsylvania plant makes hay balers, wagons and other forage equipment.
Witom said about 80 workers will remain at a product development office in Goodfield, a town of about 700 people midway between Bloomington and Peoria.
Workers, who were told of the pending shutdown Wednesday, will be given severance packages based on their years of service, Witom said. Some could be offered jobs at other CNH Global plants, he said.
"The mood was very subdued and somber. Many have spent many years at the plant and they have a lot of decisions to make going forward," Witom said.
Earlier this month, 17 workers lost their jobs when Cargill announced it would not rebuild a Goodfield pet food plant damaged by a Sept. 2 fire.
Goodfield Village President Ross Hohulin did not immediately return a call for comment Wednesday.
Shares of CNH Global rose 75 cents to close at $26.80 in trading Wednesday on the New York Stock Exchange.