ITT Rule Industries moving production to Mexico - Trade Only Today

ITT Rule Industries moving production to Mexico

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ITT Rule Industries is moving its production line from Massachusetts to Mexico, its corporate parent announced Monday.

Nearly 90 jobs will be lost because of the move, the Gloucester Daily Times reports.

Cuts to the local work force will be phased in starting in August and accelerated through the fall, until all manufacturing is halted by the end of this year, company officials told the newspaper.

"It's one of the situations we've had to face due to the unprecedented downturn in the marine and recreational vehicle industry, which we support," human resources director Jim Pokora told Soundings Trade Only.

The company, he said, already has manufacturing facilities in Mexico.

Rule pumps and associated products are sold through retail marine dealers, national marine retailers and consumer mass marketers. Wholesale distributors provide product availability and technical support to dealers, boat repair facilities and custom boatbuilders, according to the company's Web site.

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