Touting "No Layoff" Companies
Economic times are tough for all U.S. manufacturers, and many have had to lay off employees. But some advanced manufacturing facilities have opted not to fire anyone, event if it means switching their roles until production picks back up.
You can count NEMA members among the companies that are keeping their workforces intact. In a radio segment today, NPR highlighted two of them, Hypertherm of New Hampshire and Lincoln Electric of Cleveland, whose CEOs (*** Couch and John Stropki, respectively) sit on NEMA's Board of Governors.
As Couch says, "Once you have a highly skilled workforce, the last thing you want to do is lay them off. This isn't altruism. It's good business."
11-05-2009 9:45 AM