TWO RIVERS - It appears more than 100 jobs will be leaving the lakeshore by the end of the year.
Thermo Fisher, under one name or another, has been part of Two Rivers for decades.
Now, the company's steel plant on the south side of the city is closing.
"It's a major blow to the city. Fisher Hamilton is one of our major water usage areas, they use our utilities. They are a tax base, a major tax base, and a major employer. So we lose on three separate fronts. And it's hard for a city this small to recover from that," said city council member Barb Schweitzer.
The closure will leave about 120 without work.
"120 jobs is 120 families, not just one individual. When you're talking families you're affecting the community, the county, it's never good," said Lee Brocher, the vice president of the city council.
Barb Schweitzer claims the moves are the result of global economic issues. Some steel manufacturing operations moved to Mexico about 18 months ago.
She says the news of the steel plant closing didn't come as a total surprise.
"People don't use metal file cabinets any more. And having worked in the medical field a long time, we don't use many lab benches…that's what they made. And that's just the way of the economy. It just isn't going to happen anymore. It's trouble for our city, but we will find a way to come back, hopefully," said Schweitzer.
Thermo Fisher also operates another plant in Two Rivers which manufactures cabinets for laboratories.
A union leader tells FOX 11 the union has been notified about the loss of jobs, but individual employees have not been notified.
The union leader is meeting with the company and the Wisconsin Department of Workforce Development Friday morning.
FOX 11 tried to get in touch with Thermo Fisher about this story. Our phone calls and emails were not returned.
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