CMI Roadbuilding Incorporated has announced plans to start manufacturing operations at the recently vacated Terex crane building facility in Waverly, Iowa.
Terex closed the plant in Waverly last July, abruptly laying off 100 UAW Local 411 workers and 75 non-production employees. Terex made the decision to move its crane manufacturing to an Oklahoma location. The site covers 48 acres and has 310,000 square feet under roof.
CMI bought the Terex plant last December and says operations will begin by the end of the year.
Bill Werger, Waverly city attorney and director of community and economic development, said CMI will reach out to former Terex employees as the need for plant workers ramps up.
CMI produces asphalt, concrete plants, milling machines, concrete paving and specialty compaction equipment. Glenn Dalby, President of CMI Roadbuilding, Inc said. "This facility will be the foundation for returning our extensive portfolio of legacy products to the position of prominence it once held in the construction equipment and road-building industries."
For more information, watch KCRG-TV9's interview here: