Quincy, IL News - Journal930.com
Quincy, IL News - Journal930.com
Sunday, Nov 29, 2015

Quincy Compressor management in town this week

Quincy Compressor management in town this week

1 year, 5 months ago by Bob Gough

Quincy Compressor management will be in Quincy Tuesday and Wednesday for discussing the possibility of keeping their Quincy facility open and saving more than 150 jobs.

Mayor Kyle Moore, GREDF president Marcel Wagner and representatives from Illinois Department of Commerce and Economic Opportunity, the Workforce Investment Board of Western Illinois and the International Machinists Union Local 822 spoke at a news conference this morning at Quincy City Hall.

Last month, Quincy Compressor announced it was considering closing the plant and moving operations to its U.S. headquarters in Bay Minette, Alabama. The plant was founded in Quincy in 1920 years ago.

In 2002, Goodrich Corporation (now UTC Aerospace Systems) spun off its Engineered Industrial Products business segment into a new company, EnPro Industries.The spinoff consisted of businesses that were originally owned by Coltec Industries, which had been purchased by Goodrich in 1998. Quincy Compressor was part of that spinoff

In 2010, Atlas Copco acquired Quincy Compressor from EnPro. Quincy Compressor has approximately 400 employees in Quincy, Alabama and China. 

Moore said the task force has a proposal prepared to present to Quincy Compressor. Wagner said not many communities get the opportunity to save a plant like this as many companies just leave. 

Moore said he couldn't comment about the specifics of the proposal. Jacqui Bevelheimer of DCEO said the state could provide tax and training incentives.

Ross Miller of the Machinists Union said he anticipated the company would seek a reduction in pay and benefits. He said he believed those benefits are about 30 percent less per employee in Alabama than in Illinois.