Presto Products Company Cuts Jobs
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Posted: 3:10 AM Dec 3, 2008
Presto Products Company Cuts Jobs
Weyauwega city officials are expressing concern for workers facing layoffs from Presto Products Company -- and for the impact the job cuts will have on the community.
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WEYAUWEGA, Wis. (AP) -- Weyauwega city officials are expressing concern for workers facing layoffs from Presto Products Company -- and for the impact the job cuts will have on the community.

Presto plans to cut about 110 employees, about a quarter of the plant's work force, starting in the first quarter of 2009 and continuing into about the middle of the year. The company, which makes food storage and garbage bags, contends the cuts are needed to stay competitive and said some of the production will be shifted to its other U.S. plants.

In a statement, Presto said it "has provided the required employee notification and will provide transition benefits to effected employees as provided in Presto's severance policies."

Mayor Donald Morgan and City Administrator Sheryl Scheurmann both said the cuts would be hard on those affected and also on the local economy.
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