MTD Die Casting Company Closed

PLANT CLOSED – MTD Products Inc. 2555 BRANDENBURG ROAD LEITCHFIELD, KENTUCKY 42754 Auction for equipment on FRIDAY, JUNE 19TH at 10:00 AM eastern time (EST) WEBCAST ONLY, NO ONSITE BIDDING. Featuring: DIE CASTING MACHINES – (8) HPM and IDRA Die Casters up to 1,000-Tons • (7) METAL MECHANICS 50-Ton & 35-Ton Trim Presses, New as of 2009 • Ladlers • FANUC Loading Robots • Melting Furnaces.

MODERN TRANSMISSION DEVELOPMENT COMPANY (MTD) Die Casting & Plastic Injection Molding Facility Auction Details (WEBCAST ONLY)
Link: https://www.myronbowling.com/auctions/modern-transmission-development-mtd-webcast-only-1181c50.html?LayoutID=23

Here is a video posted by Myron Bowling the auction company of the die casting robotic arm taking out a die casting part from the die casting machine:

The facility employed approximately 295 people and manufactured component and aftermarket parts used to supply the company’s assembly facilities. “MTD is grateful for the hard work and dedication of these employees and the continued support of the Leitchfield community,” said Craig Dukes, senior vice president of Human Resources. “We recognize the significant impact this closure will have on employees and their families and will be providing separation support including severance benefits, outplacement services and preferential hiring opportunities at MTD’s other US facilities.”

MTD made this decision after careful and ongoing evaluation of its manufacturing footprint in relation to future strategic needs, according to Eric Creech, MTD’s Communications and Marketing Manager. The move will improve overall efficiency and better position MTD to deliver competitive products in a rapidly evolving outdoor power equipment industry.

MTD, located at 2555 Brandenburg Road, remains committed to U.S. manufacturing and has increased employment at its other U.S. manufacturing facilities over the last several years, the company said. The move also allows the company to focus on better leveraging advanced manufacturing capabilities in its other U.S. facilities.

Permalink: https://www.kineticdiecasting.com/kdc/mtd-die-casting-company-closed/

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