ELYRIA -- Invacare Corporation says it is immediately laying off 143 workers at its manufacturing facility on Taylor Street due to a decline in production.
Invacare, which is headquartered in Elyria, currently employs 365 hourly manufacturing associates at that location. Some of the 222 employees keeping their jobs will be reassigned to other roles across the Elyria campus, the company says.
For the 143 people being laid off, Invacare says it's offering 60 days continuance of pay and benefits.
Gerry Blouch, the Invacare president and CEO addressed the layoffs in a press release saying, "While we regret having to take this step, we recognize the need to align our workforce with our production volume,'' he said. "We value and respect the hard work that our associates demonstrate on a day-to-day basis and we will provide assistance to those affected to help them with the transition. We remain committed to achieving full regulatory compliance and to resuming full operations at Taylor Street as quickly as possible. Over the past year, we have made significant investments of time, people and resources to achieve regulatory compliance and make Invacare's Taylor Street manufacturing facility an even stronger operation.''
Due to the realignment, the Company expects to incur one-time restructuring charges not to exceed $1.25 million on a pre-tax basis.
After the reduction, Invacare will continue to employ approximately 1,050 associates in Northeastern Ohio and approximately 6,050 associates worldwide.
Invacare Corporation manufactures and distributes home and long-term care medical products.