Blue Bell-based C&D Technologies announced Wednesday that it is considering moving some, if not all, of the production work at its Milwaukee, Wisc., factory to a plant in Reynosa, Mexico, the Milwaukee Business Journal reports.
The facility produces and markets systems nationally and internationally for power conversion and storage of electrical power, including industrial batteries and electronics.
"Our cost structure in Milwaukee remains among the highest in the industry. Couple that with the continued, general economic uncertainty and ongoing pricing pressure from competitors and customers, and we are faced today with a need to evaluate the viability of continuing production in Milwaukee,? CEO Jeffrey Graves said.
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