BOSTON – February 1, 2019 – Schneider Electric, the leader in digital transformation of energy management and automation, today announced plans to transfer all production out of its Peru, Indiana, facility to other Schneider Electric plants. All transitions are expected to be completed by the end of the 2019. The transfer will result in the closure and sale of the Peru, Indiana facility.
Production will shift to Schneider Electric’s U.S.-based facility in Texas and one other East Coast plant yet to be determined, as well as its Monterrey, Mexico plant.
The changes are in response to competitive market dynamics and to meet the needs of Schneider Electric’s customers.
Peru Indiana Today reached out to Peru Mayor Gabe Greer for comment but were not able to speak with him. This article will be updated when we speak with Mayor Greer.
UPDATE: 4:25 p.m. 02/01/19
Peru Indiana Today Spoke with Mayor Greer about the Closing of the Peru Plant.
“My Dad worked for Square D as well as other family members, so I feel for the workers affected by the closure,” said Mayor Greer. “It will have a major effect on those families and our community.”
“It will have a ripple effect on just about everything in Peru from the utilities to employment to taxes,” said Mayor Greer.
In his prior discussions with Schneider Electric, the Peru Plant was the last of their plants in the US with a union workforce.
“Sadly, that may have been involved in their decision,” said Mayor Greer.
He continued by encouraging those affected by the closing to look at other factories in Peru who have been hiring and may be able to absorb some of the affected workers such as Progress Rail, Snavley Machine and Electro-Nite.