Regal

Regal Beloit Corporation has announced that a restructuring of the Monticello facility will affect 40 jobs over the next year.

Regal Beloit Corporation’s Monticello facility on Sixth Street is set to shed 40 jobs by early 2017.

The company released a statement on Wednesday from its headquarters in Beloit, Wis., stating that it has informed its Monticello employees that the company has decided to “restructure some operations at the facility.” This will affect approximately 40 jobs, which will be transferred to other Regal facilities by the end of the first quarter of 2017.

For the complete story, read Thursday's Herald Journal. 

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