Dana Corporation will lay off about 75 workers at a plant in northern Indiana that cuts and assembles axle components.
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Dana spokesman Gary Corrigan told Associated Press (AP) that the job cuts – about half the remaining work force – will leave about 80 jobs at the plant in Syracuse.
The layoffs, which will be made in May, will affect workers who produce parts for DaimlerChrysler which has decided to make those parts internally, Corrigan reportedly said.
AP said the cuts are part of a restructuring plan begun by Dana more than two years ago. Corrigan reportedly said employees were notified of the cuts more than a year ago and the company already has worked out a severance package with workers.
AP added that the plant about 40 miles southeast of South Bend employed 385 people in May 2002, but the work force was reduced when Dana sold some of its production lines to Michigan-based US Manufacturing Corp.
Toledo-based Dana initially had planned to sell the entire plant, but was unable to find a suitable buyer, AP noted.
