Valmont lays off 41
Valmont Industries in McCook laid off 41 employees Wednesday.
Employees were laid off because of the changed agricultural economy and with crop prices down, said Jeff Laudin, manager of investor relations in Valmont's corporate office in Omaha.
Valmont manufactures steel and aluminum utility poles, specialty structures like cell phone towers and in the McCook plant, farm equipment such as irrigation systems.
Laudin said the layoffs were based on seniority and he did not know if employees would be called back.
"We'll see how things develop," he said. "We would hope to be able to call them back but it's subject to the economy."
Laudin estimated about 200 employees worked in the McCook plant.
This is the second manufucturer in McCook that announced layoffs in the past month. On Nov. 11, the Parker Hannifin plant laid off 24 employees with 28 employees who took a voluntary layoff in October.
Parker produces rubber hose and rubber compound.