Honeywell to move manufacturing, engineering operations out of Albuquerque
November 08, 2018 10:59 PM
ALBUQUERQUE, N.M. - Honeywell announced Thursday that it plans to move manufacturing and engineering operations out of Albuquerque to other U.S. facilities.
The move is expected to be completed by the end of next year.
In a statement, Honeywell said eligible employees will be offered severance and other assistance for employees.
Meantime, Mayor Tim Keller said he would work to keep those employees from leaving the Land of Enchantment.
“We’re going to do everything we can to support impacted families and keep them here in Albuquerque as the company transitions over the next year," Keller said. "I’ve tasked our Economic Development Department to make it a top priority to reach out to our partners in the tech industry to look for ways to connect workers with opportunities.”
Synthia Jaramillo, the city’s Director of Economic Development said her department is willing to help.
“We’re going to do what we can to help the employees impacted by this announcement find new opportunities right here at home by working with our partners like our universities, Sandia National Laboratories, Sandia Science and Technology Park, and the Air Force Research Laboratory,” Jaramillo said. “We’re currently experiencing a ten-year high in job growth, and there are a large number of local tech companies expanding.”
Honeywell's full statement:
Honeywell has decided to move manufacturing and engineering operations from Albuquerque to other U.S. facilities by the end of next year. This is not a decision we made lightly as we realize this, unfortunately, affects valued employees. We’re encouraging employees to apply for other Honeywell positions, in some cases offering relocation. Eligible employees will be offered severance and outplacement assistance.
Updated: November 08, 2018 10:59 PM
Created: November 08, 2018 04:23 PM
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