Sunday, January 26, 2025
8.0°F

Genie cuts 15 jobs in Moses Lake

Lynne Lynch<br | Hagadone News Network | UPDATED 15 years, 4 months AGO
by Lynne Lynch<br
| September 23, 2009 9:00 PM

MOSES LAKE — Genie Industries in Moses Lake laid off 15 workers Tuesday, citing the economic uncertainty “causing its customers to rethink its purchases for the year,” company spokesperson Melinda Zimmerman-Smith said.

Worldwide, Genie cut 400 positions total, she said.

The company is reducing the size of its team to meet the current demands of its customers, she explained.

Their customers are primarily construction rental yards, and construction is a cyclical industry, she says.

The company’s products include booms, Terex trailers and generators.

No company locations were closed Tuesday, but Zimmerman-Smith said she couldn’t comment if locations would be closed in the future.

“We’re evaluating everything,” she commented.

Genie started manufacturing the Z135 line in Moses Lake in April and no additional employees were added for the new work, she said.

According to a company statement, “These (Tuesday’s) actions will decrease our global workforce by approximately 11 percent. Even with a reduced staff, we will continue to provide the high level of service that our customers have come to expect and appreciate over the last 42 years.”

Genie now employees 2,400 people worldwide.

“As a company, we are financially sound,” Zimmerman-Smith noted.

Genie is a subsidiary of the publicly traded Terex Corporation.

Terex reported a net loss of $77.6 million during the second quarter of 2009, or 78 cents per share, according to a company press release.

Net sales decreased by 55 percent, or $1.6 million, from second quarter 2008 to second quarter 2009, according to the company.

MORE IMPORTED STORIES

Genie begins downsizing at Moses Lake plant
Columbia Basin Herald | Updated 16 years, 3 months ago
Genie cuts 80 jobs in Moses Lake
Columbia Basin Herald | Updated 15 years, 11 months ago
Genie makes cuts across company
Columbia Basin Herald | Updated 16 years, 6 months ago

ARTICLES BY LYNNE LYNCH<BR

May 28, 2010 9 p.m.

Lad Irrigation completes remodel

Two help counters added

MOSES LAKE — Lad Irrigation in Moses Lake expanded its store to improve customer service  during a recent remodel.

April 16, 2010 9 p.m.

Boeing likes Moses Lake

Speaker updates Grant EDC

MOSES LAKE — Boeing employees are enjoying their time testing the 747-8 at the Grant County International Airport.

SGL needs new rail spur
May 7, 2010 9 p.m.

SGL needs new rail spur

Funding sought

MOSES LAKE — The upcoming construction of the SGL Automotive Carbon Fiber plant highlights the need to bring rail directly to the site and to other companies possibly considering the area.