Volvo Powertrain to "Idle" 59 More Workers

June 19th, 2008

HAGERSTOWN — The Volvo Powertrain plant in Hagerstown laid off 59 workers this week as the heavy-duty truck market continues to skid, officials said Wednesday.

The layoffs, effective this past Monday, are in addition to the 99 workers idled here in April.

The two furloughs reduce Volvo’s work force at the local plant, which makes engines and transmissions for Mack and Volvo trucks, to 1,278 employees.

The Herald-Mail

Volvo Powertrain is going to “idle” 59 more workers this week as the economy continues to falter during what is now essentially a recession. Between rising fuel and food costs, the demand for large vehicles, construction equipment and large trucks just isn’t what it used to be which makes sense. But how one of Hagerstown’s largest employers will weather the rest of the storm is an important question that has yet to be answered. Hagerstown is built on these types of businesses, especially since the rail yard was dismantled decades ago. Hagerstown needs these businesses to continue the renewed growth that we have seen over the past several years. The money that these workers spend in town help revitalize the downtown area, clean up the old industrial complexes that no longer are in operation and ensure that Hagerstown’s cultural growth continues into the future. I hope that Volvo can find someway to continue their operations well into the future as losing these employers hurts the town, the people and the companies.

Filed under: Hagerstown, Organizations, Technology, Washington County, business, economy

Tags: business, economy, Hagerstown, idle, layoofs, maryland, recession, volvo powertrain, Washington County, workers