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Archive for Friday, July 17, 2009

Sauer-Danfoss to cut up to 15 percent of its East Hills Business Park workforce

Local work force nearly halved from 2006 level

Sauer Danfoss announced it will cut another 15 jobs from it's workforce. The Lawrence manufacturing has struggled with the downturn of the manufacturing industry.

July 17, 2009, 10:00 a.m. Updated July 17, 2009, 4:34 p.m.

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Sauer-Danfoss on Friday cut 12 to 16 positions from its Lawrence plant, and company leaders said they are uncertain if the worst is behind the firm that has been battered by the downturn in the construction industry.

“I would say there is nobody in our company feeling real secure because of our dramatic change in sales,” said Matt Bendler, the company’s human resources director for the Americas and Asia Pacific regions. “There is a huge burden that every employee is walking through the door with.”

The company Friday morning announced it would cut 10 percent to 15 percent of the workforce at its East Hills Business Park plant. Bendler said the company likely would be left with just over 100 employees at the plant. In 2006, the company had a few more than 200 employees at the plant.

The plant makes transmission parts for a variety of construction and off-highway vehicles. In the past year, worldwide sales for the company have dropped nearly 50 percent, Bendler said.

Friday’s cuts come after a round of layoffs in January that eliminated about 20 positions from the Lawrence plant. Bendler said he could not address with any certainty the longer term future of the plant.

“I can’t say that Lawrence should feel more concerned than anybody else in the company, but I also can’t say the environment is good for anybody in the company,” Bendler said.

A spokeswoman with the Lawrence Chamber of Commerce said the chamber was remaining optimistic about the future for Sauer-Danfoss in Lawrence.

“We are always sorry to hear a local industry having to make cuts, and the effect that has on individuals and families,” said Beth Johnson, vice president of economic development for the chamber. “However, we are also glad that Sauer-Danfoss is able to maintain a Lawrence location and will be ready to step up when the economy rebounds.”

Bendler said the company hasn’t yet started to see clear signs of a rebound. He said some sales in the division encompassing North America and South America had started to show some signs of stabilization.

“It is not a huge positive thing yet, but in this day and age, we’ll take not going further negative as a good sign,” Bendler said.

Comments

kansasmutt 4 years, 9 months ago

godot & rrussel you both bring up some good facts.The current admin is failing as well and i as an Obama backer am now wondering why he is doing what he is doing. We are going right back 8 years and that is the last thing we need now.What we need is for small business owners to have a way to get some money at low or no intrest and to use to keep employees.I say let the big banks fail and let big corp american die out somewhat.The greed factor has destroyed our business ethics and we need to go back to basics and help mom & pop america out. I think the bailout should have been $100,000.00 to every tax paying working household up to $200,000.00 per year total and debt paid off first. This would allow for millions to buy cars, TV,s , new cloths and all the things that the middle class makes. The flow of money would have sparked a fast recovery and saved the banks by getting people current on debt.As for health care , that is simple and a no brainer. Every working american can pay in 5% into a health fund from every paychech, everyone and no deductions no slip through the cracks rich no payers. Everyone. This would create a huge money line for healthcare for everyone.

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puddleglum 4 years, 9 months ago

this is what happens sometimes when you attempt to woo business to your town... cut the employees-city should raise their taxes. ha!

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Godot 4 years, 9 months ago

The link is not Hormats, specifically, but rather is illustrative of the long line of Goldman Sachs executives and board members that transition, seamlessly, from the gilded offices of Goldman Sachs, to successive presidential administrations, and back.

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Godot 4 years, 9 months ago

Hint, hint:

"Goldman Executive Named as Obama Adviser

By BLOOMBERG NEWS Published: July 18, 2009

President Obama said Friday he would nominate Robert Hormats, a vice chairman of Goldman Sachs International, to a top economic position at the State Department. Mr. Hormats, 66, will be under secretary of state for economic, energy and agricultural affairs. He was deputy trade representative from 1979 through 1981 and held other posts at the State Department throughout his career. Hillary Rodham Clinton, the secretary of state, said in a speech on Wednesday that she hoped to make economic policy and trade a larger part of United States diplomacy.

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Rex Russell 4 years, 9 months ago

Enlighten me, I'm now waiting for Godot.

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Godot 4 years, 9 months ago

Hear, Hear, RexRussell. Take it to the next step. What is the constant the last several administrations share with regard to monetary policy and financial regulation?

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Rex Russell 4 years, 9 months ago

All are right and all are wrong. The last administration let the reins of sensible regulation go limp. Intentionally and partially criminally. For years we get unrestrained capitalism run amok. Too much of a good thing gone very bad. Run by guys who don't care who get caught in the crossfire and die as long as they make a buck. Almost worse, (almost but not quite) we now have a guy who preached on the evils of just such a thing during the campaign and has decided to not only implicitly pardon these guys but write them checks too. No prison time for those who bankrupted the country. Inexcusable. The first guy in charge should be in jail and the second should have his feet held to the fire until he finds his ba77s again.

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Centerville 4 years, 9 months ago

This economy belongs to Zippy and he has no intention of letting it get back on its feet.

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Godot 4 years, 9 months ago

kansasmutt, I agree there was very poor management and failure to enforce existing regulations during the Bush administration; I gain no comfort from the fact, the absolute fact, that Obama has not only retained, but has promoted, many of the regulators who failed to do their jobs under Bush, and has populated his administration with many former employees of the financial institutions that found ingenious ways to ruin this country's economy.

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kansasmutt 4 years, 9 months ago

The reason we are failing as a country is from 8 years of deregulation and very poor managment from the Bush camp. If you squareheads would stop and look at the problem , you might see that this is something never faced by any leader of our country in the past. This is far worse than the 30s , and Obama is moving in uncharted waters. Would you like the job of fixing the Bush screw up ? I am sure Obama and staff would love your ideas. Just a quick eye opener for you republicans . You see if you (republicans) still want to make the rich richer and remove the middle class , you will have nobody to buy your stuff, nor to make your stuff, so you ( republicans) will fail soon becuse youl have nothing. The (republicans) cant see that they have been there own demize. The blind rich are failing every day now by the thousands and can blame nobody but themselves and the last 8 years. I hope your happy squareheads. Ya think maybe its time to work together ????????

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conservative 4 years, 9 months ago

Merril you're an idiot. The city doesn't lose any money when it issues a tax abatement. It just doesnt' collect as many taxes as it would if it didn't say the company doesn't have to pay 100% of the taxes they otherwise would on an expansion.

So if they don't offer the tax abatement the expansion will go to a different plant where they can get the abatement and the city doesn't collect any of the extra taxes.

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jumpin_catfish 4 years, 9 months ago

My take is that the Obamanator's agenda is making a bad economy worst. We can't afford all the stuff he's pushing through and we all know that but so many continue to be blinded by the light or is it blinded by the lies. Time will tell folks time will tell.

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Richard Heckler 4 years, 9 months ago

Sauer-Danfoss has been operating with a tax rebate which is to say Lawrence has been losing money since day one.

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Richard Heckler 4 years, 9 months ago

Republican Reaganomics aka Wreckanomics wants to privatize most everything so Bush broke the bank or robbed it. As a means of forcing the taxpayer rip off of which this Bush family has plenty of experience: http://rationalrevolution0.tripod.com/war/bush_family_and_the_s.htm

http://www.commondreams.org/views04/0208-05.htm

http://www.inthesetimes.com/article/4120/we_arm_the_world/

However there is no long term history that reveals that privatization is any more than a corporate american scam on the taxpayers. Instead of taxpayers funding a government run program the tax dollars would go to a more expensive corporate american program funded with tax dollars. There is plenty of long term history of how corporate america scams americans aka taxpayers.

For instance: car insurance home owners insurance military industrial complex gasoline electric energy sprawling development Medical insurance: http://www.dollarsandsense.org/archives/2008/0508harrison.html

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Godot 4 years, 9 months ago

Note to self: after I am forced to pay 60 per cent of my income to various government entities, set aside half of what is left over to donate to Obama and Friends' campaign coffers, along with a big smiley face "I love and adore you," card, so that I get to keep that last little 20% for my family.

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Benjamin Roberts 4 years, 9 months ago

jhawkboi (Anonymous) says… "Did_I_say_that If you'll recall these job losses all started before Obama's term."

LJW April 29, 2009 "• Employment at Sauer-Danfoss went from 150 employees in 2007 to 151 employees in 2008. In January, however, Sauer-Danfoss announced job cuts of up to 20 people." http://www2.ljworld.com/news/2009/apr...

Oh, I guess I didn't realize that Obama did not take office until today.

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Sigmund 4 years, 9 months ago

Godot (Anonymous) says… "Obama and friends are purposefully destroying peoples' livelihoods in order to remake our society to fit their vision of utopia."

Disagree, Obama's supports are idealist who wish the utopia, the political class wishes only to extend their personal power. Both goals require the destruction of the middle class.

Godot (Anonymous) says… "The level of disdian and disrepect Obama and Friends show for America's working class and small business owners is shameful."

Once again I disagree, Obama's disdain for the working class is simply more transparent than Bush's or McCain's disdain.

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igby 4 years, 9 months ago

We have lost 500,000 job a month and those figures don't count the jobs that of small businesses or self employed people who are not able to draw un-employment or the people that were part time.

It's time we call it a depression rather than a recession!

The playing down of a crisis is no way to turn it around just for the sake of panic to keep the markets up.

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Venom 4 years, 9 months ago

Correction Jan. of 2009 was 8.5% not 2008

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icedoverhillon14th 4 years, 9 months ago

sounds like godot wasnt picked by obama-nator to be a winner. but how can you blame obama when youve been a loser your entire life? enjoy the government cheese.

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Venom 4 years, 9 months ago

Unemployment

2001 - 4.7% 2002 - 6.0% Shortly after bush took office it when up 1.7% that must have been Clinton's fault? 02-05 stayed at 6.0-6.5% 2006 - 4.1% Nov. 2008 6.5% Jan. 2008 8.5% present 9.7% Man that 1.2% increase must have been bush's fault since he was the one that appointed his car czar's to oversee the railroading and theft of all the dealers that dumped their own money in to a buisness onlt to have the all mighty allah decided that it was ok to let the them get stiffed out of millions. The unemplyment rate is at it's highest point since 1982-83 and it on obama's watch not Bush ... but don't worry it's Bush's fault

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Godot 4 years, 9 months ago

Obama and friends are purposefully destroying peoples' livelihoods in order to remake our society to fit their vision of utopia. It is one that features them as the all knowing, all wise, who pick and choose the winners and the losers, while the unfortunate losers are expected to "buck up" and "adapt."

The level of disdian and disrepect Obama and Friends show for America's working class and small business owners is shameful.

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EdenPrairie87 4 years, 9 months ago

Last I knew Clinton apologized for not handling Bin Laden when he was in office. I have yet to hear Bush apologize for ignoring a memo about an attack that ended up killing over 3,000 people and has now indirectly killed over 5,000 soldiers.

I'm not saying Bush had 8 months to clean up Clinton's clusterf**k but upon seeing that briefing he should've alerted other countries, upped surveillance, got the military ready and told the media--like a good American would've.

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Silly_me 4 years, 9 months ago

I voted for Obaman and I don't think it is fair to expect him to be able to quickly fix the problems that were caused by the previous administration. I viewed him as a pragmatist who would look for reasonable solutions to meet the problems he inherited.

However, I am starting to have some buyers remorse on a couple of things. When Obama took over, I wanted him to march straight to Pelosi and Reid, grab them by the scruffs of the neck like bad puppies and give them a good shaking, saying "Your approval ratings are in the toilet, the people think you s*ck. On the other hand, I am newly elected and in my honeymoon period. You WILL follow my lead or you will get rolled". Instead he acquiesced the agenda to those two and they have pursued a reckless agenda at a time when the economy is very fragile.

The question I keep asking myself, why is it so d*mn important that major legislation such as cap and trade and health care reform need to be rushed through the congress with barely enough time for folks to digest the particulars of the bill? Why the big hurry? It seems irresponsible and is turning me off to how I thought Obama would lead the country. Let's get the economy on stable ground and then look at these issues in measured, rational manner. I'm afraid this reckless behavior will lead to some very bad laws that will severely iimpact our country for many years to come.

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icedoverhillon14th 4 years, 9 months ago

godot, go tell it to your buddies standin in line at the unemployment office instead of findin more work. i dont care. "all i can do is make one part for one machine and its all ive done my whole life, now i aint gots no job and its the goverments fault"

give me a break, take responsibility for yourself people.

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just_a_blur 4 years, 9 months ago

@KURocks Osoma Obama =Did you mean Osama?

Which president would you say was the best if Obama is going to be the worst, and what do you base this statement on? Have you been around since the 1700's to be able to judge all the presidents?

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Godot 4 years, 9 months ago

Yes, Obama asked to be president of an economy that he knew was in trouble. He promised he could fix it, and he didn't promise it would take him 10 years to do it.

The uncertainty that Obama's lawless disregard for contracts and the constitution has created has added to the destruction of the economy and the loss of jobs.

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kmat 4 years, 9 months ago

Ok Obama haters - if you would bother to listen to anything he or economists have said you would understand how stupid your comments are. Obama was handed a giant pile of sht and you people think he was supposed to make something beautiful from it immediately. Guess what, he may not be able to do much more in his first term that get the country stable again. It will take a long time to recover from this clusterfck repubs created by deregulating everything and letting the free market do whatever it wanted.

And since I know it will be coming - no, I don't think Obama is the mesiah. I think he's 1000%^ better than Bush or McCain, but I still have issues with Obama, just as I did with Clinton. Getting sick of all the repubs going on about how liberals worship him. We don't. We just realize he's better than the ignorant redneck that messed this country up so bad the last 8 years.

The unemployment rate will take longer to recover. And guess what, not everyone is going to keep a job in the same field they've worked in.

Try doing a little reading instead of making ignorant blanket statements.

http://www.newgeography.com/content/00901-recession-analysis-when-will-job-market-fully-recover

http://www.moneymorning.com/2009/06/10/jobless-recovery/

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icedoverhillon14th 4 years, 9 months ago

"Bush gets 8 months to clean up Clintons 8 year cluster f**K"

under clinton this country had the lowest unemployment rate it had seen for decades, and the economy was at its peak, and over 8 years bush destroyed it, slowly and methodically.

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icedoverhillon14th 4 years, 9 months ago

why is it obama's fault that uneducated factory workers are losing jobs because the company they work for is failing? try harder in life, get a better job, dont worry about gettin kicked off the assembly line.

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Venom 4 years, 9 months ago

Edenprairie87 so Bush gets 8 months to clean up Clintons 8 year cluster f**K hmmm sounds fair that's why I give Obamama 4 months to clean up after Bush less mess less time. It really doesn't matter because after 4 years of his lies and deception any problems will still be Bush's fault in the eyes of the lefty's. Like I said he is in the public eye and is responsable from january 20th on. If he can't handle that find something else to to do. If you can't handle that back someone that can.

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jrhighmom 4 years, 9 months ago

Old news Journal World. They did it yesterday, let go 15 employees.

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Sigmund 4 years, 9 months ago

The solution, of course, is higher taxes to pay for shovel ready public transportation and health care jobs! Obama lied and transparency died!

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EdenPrairie87 4 years, 9 months ago

Venom- But if I recall, no matter what Clinton and his people didn't do, it was Bush who got the daily briefing that Bin Laden was "determined to strike in US" and did nothing.

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KURocks 4 years, 9 months ago

jayhwwkboi:

i was wondering how many comments i would have to read before someone would bring up Bush. If you think Osoma Obama is the savior, just wait until you see the impacts of cap n trade and healthcare reform on this country. Obama is going to go down as the worst president in the history of our nation.

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KLATTU 4 years, 9 months ago

These guys always seem to do pretty well whichever party is running the show. Hmmmm....

http://www.moneyweek.com/news-and-charts/economics/goldman-sachs-bonus-bonanza-44403.aspx

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macon47 4 years, 9 months ago

no problem, just tell these folk that lost thier jobs it is part of hope and change we must all sacrafice for the greater good

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Venom 4 years, 9 months ago

jhawkbol If you recall 9/11 was due to issues out of Bush's hands but he got pegged with that mess and every other one that came from clinton's team. I don't remeber any lefter's piping up to point out that it all started long before Bush was in office. If the all mighty BIG O can't take the heat for problems today that he may or may not be responsable for than he picked the wrong job, Because no matter how bad you want to blam someone else the current down falls of today will have Obama plastered all over them.

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jhawkboi 4 years, 9 months ago

Did_I_say_that If you'll recall these job losses all started before Obama's term.

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KatWrangler 4 years, 9 months ago

Not good. My husband is unemployed. :-(

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nowthetruth 4 years, 9 months ago

Not suprising... bet they will close soon.

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Benjamin Roberts 4 years, 9 months ago

President Obama, Saturday's Radio Address: "In a little over one hundred days, this Recovery Act has worked as intended...we've been able to pull our financial system and our economy back from the brink."

Are these part of the 3.5 million jobs being saved or created?

This "hope and change" sucks.

Good luck Sauer-Danfoss employees.

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