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04/09/09 3:34 PM

#4689 RE: andy e #4681

Hayes recalling 42 employees [The Sedalia Democrat, Sedalia, Mo.]


Jan. 29--Hayes Lemmerz International, which had laid off about 150 workers over the past three months, is recalling 42 employees at its Sedalia plants.

The company made two rounds of layoffs at the Sedalia plant at 3610 W. Main St. in November and January in response to the reduced production of its auto-manufacturing customers.

Marika Diamond, spokeswoman at the company's Michigan headquarters, said its clients' stabilized production schedules allowed the company to recall some of those who had been laid off since November.

"Because customers have returned from their extended shutdowns, we have recalled a total of 42 people," Diamond said.

She said 32 employees returned to work Jan. 12, just 10 days after the company announced 110 layoffs at the Sedalia factory. Ten more workers will be recalled Feb. 2, Diamond said.

Hayes Lemmerz International employs 339 workers in Sedalia, where it manufactures steel wheels for auto makers General Motors, Ford, Chrysler and Nissan.

In December, GM and Chrysler received $17.4 billion in government loans, which included $13.4 billion made available in January to prevent the companies' collapse and another $4 billion in February.

Diamond said Hayes Lemmerz will keep an eye on customer forecasts to determine the possibility for more recalls in the future.

"We continue to monitor the situation and look forward to continued recalls," Diamond said


Sentiment : Strong Buy