OmniQuip to Discontinue Snorkel Line

OmniQuip, a leading manufacturer of light construction equipment, last week announced plans to discontinue production of aerial work platform products because of continued industry softness. The move, which will result in the closure of its Elwood, Kan., facility that produced the Snorkel line of aerial work platforms, will address OmniQuip's over-capacity issues and will enhance the company's competitive position.

The Elwood closure, which is expected to be complete by the end of May 2002, will affect about 200 employees.

"While we believe this decision better positions OmniQuip for long-term growth, it was extremely difficult," said Stephen Light, OmniQuip president and CEO. "Our Elwood employees have always prided themselves in producing the highest quality light construction equipment products."

OmniQuip officials said the company will assist all affected Elwood employees as they transition to new career opportunities.

OmniQuip is a division of Textron Inc.

TAGS: Ar Syndicate
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