Koyo Shutdown

Bearings company’s Cleveland area facility to close

JTEKT North America Corp., the company formed from the merger of bearings manufacturer Koyo Seiko and Toyodo Machine Works in 2006, is closing its facility in Westlake, Ohio, the company said in a WARN letter to the state.

The company last year announced plans to close the Westlake location and to relocate some of its operations in other states. Layoffs at 29570 Clemens Road in Westlake will begin July 27, the letter stated. Forty seven employees are expected to be affected.

Koyo is the JTEKT Corporation brand for bearings. JTEKT engineering and manufacturing capabilities range from super large bearings with outer diameters of seven meters to miniature bearings with inner diameters as small as one millimeter.

This is not being viewed as a reduction of workforce for JTEKT, as all employees at Westlake were given the opportunity to relocate to other sites within JTEKT in Tennessee, South Carolina and Michigan, according to Crain’s Cleveland Business. About 23% of the site’s 152 employees, or about 35 employees will reportedly proceed with that offer. The other about 70 employees have already left the company in some capacity. Crain’s said JTEKT offered severance and support services to the employees who chose not to relocate.

JTEKT Corp. is headquartered in Nagoya, Japan. The company was founded through the merger of Koyo Seiko Co. and Toyoda Machine Works in 2006 and makes automotive systems, bearings and more.

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