Lund cutting 140 jobs at Minnesota plant

Author:
Updated:
Original:

Lund is laying off about 140 workers at its New York Mills, Minn., manufacturing plant.

The layoffs were announced last week and came days prior to a one-week production shutdown, which went into effect Nov. 10, according to a report in the New York Mills Herald newspaper. The shutdown had previously been scheduled.

A spokesman for Brunswick, which owns Lund, did not immediately return calls for comment this morning.

Brunswick previously announced plans to eliminate about 1,500 jobs, in addition to closing plants throughout the country, in order to save money.

Last month, Brunswick announced a 22 percent drop in net sales, driven by a 28 percent decline in marine sales.

For the third quarter, the Brunswick Boat Group reported a 36 percent drop in net sales to $392.5 million, from $613.9 million in the year-ago quarter. The segment had an operating loss of $537.4 for the recent quarter, compared to a loss of $90.3 million last year.

To read the newspaper report, click here.

Related

Everglades Expands Executive Team

The Edgewater, Fla.-based manufacturer adds positions in finance, sales and marketing and operations.

Heed Caution While Refueling

Ethanol can be back in a big way, and insufficent labeling at the pumps could lead to problems for your marine powerplant. And the MRAA’s voices support for the 30 by 30 initaitive.

Training the Next Generation

Crest Pontoons will donate a complete boat and trailer to a local high school’s raffle to raise money for its vocational programs.

An “Above Average” Hurricane Season

BoatUS wants to help boaters get ready for the 2021 Atlantic hurricane season, which begins June 1.

Webasto Produces 8,000th Marine Roof

The German company designs and builds a number of glass roof solutions for boats.

A Strong Q2 for Johnson Outdoors

With jumps in nearly all its business segments, the recreation manufacturer saw net sales increase by 26 percent.

Thrust Issues

Is it time for the industry to standardize trolling motor ratings?