Stephenville is continuing to feel the sting of the economic crisis gripping the nation.
FMC Technologies announced Friday that the current economic conditions affecting the fluid control business coupled with the global recession, have forced more company layoffs.
In January, the company was forced to lay off approximately 65 of its 580 employees. Last week, an additional 60 employees learned they had lost their jobs.
“We are very disappointed to have to make this workforce reduction,” said Fernando Camuzzi, FMC operations manager. “Eliminating positions is always a last option for a company to pursue. Many good people are being affected and we regret the disruption it will have on them, their families and the Stephenville community.”
Camuzzi said he hopes this is the last round of layoffs, but couldn’t say for certain that more would not come.
Company officials said layoffs were determined by operational needs, length of service and skill. The recent layoffs are the largest at the Stephenville facility since the late 1990s.
FMC ranks as the second largest employer in the county, after Tarleton State University. The company began operations in Stephenville in November 1980 and moved into its existing facility in February 1981.