Rexnord Employees Eligible For Federal Assistance

Posted: Updated:
(photo courtesy of our partners at WTHR-TV) (photo courtesy of our partners at WTHR-TV)

The U.S. Department of Labor has approved federal assistance for workers at the Wisconsin-based Rexnord Corp. (NYSE: RXN) facility in Indianapolis who will be affected by the company's decision to move approximately 350 jobs to Mexico. The employees will be eligible to receive services through the Trade Adjustment Assistance program.

The Indiana Department of Workforce Development says the program applies for employees who have been or may become separated from Rexnord between November 15, 2015 and January 19, 2019. Onsite leased workers from Staffmark, Randstad, Kelly Services and Prologistix are also eligible.

Under the TAA program, eligible workers may receive weekly trade re-adjustment allowances as well as a variety of reemployment services, job search and relocation allowances, training and health insurance premium assistance. Other benefits may be available as well.

The federal program is made available to employees who lose their jobs due to production shifts out of the country. Rexnord announced in December the first round of layoffs will come around February 13 and further layoffs will continue through June. 

The DWD is encouraging affected Rexnord employees to contact their local WorkOne Career Center to learn more about the reemployment services offered by the TAA program.

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