Nippon Sharyo will cut more than 100 jobs at its Rochelle factory, according to a news release from the company.
“We continue to confront technical complications and delays with the bi-level rail car project that have forced us to evaluate the volume of work and the needs at our Rochelle facility," the release stated. "As a result, we have made the difficult decision to reduce our workforce at the plant by approximately 110 people. This reduction will come from all areas of the company -- both hourly and salary employees will be impacted by this announcement.
“We are grateful for the hard work and dedication of our employees, and will be providing severance packages to those affected by this announcement.”