NORTH CANTON, Ohio - Diebold Inc., an automated teller machine maker, plans to reduce its manufacturing operations in North America and, as part of that plan, will close a factory in Staunton, Va.
As a result of the closing, which is to be completed by the end of March, Diebold said it would take a charge of $2.5 million to $3 million in the first quarter. The charge is to cover shuttering the facility, transferring equipment, and offering separation packages and outplacement services to the 48 employees.
The Staunton plant was opened in 1997 to do precision sheet metal processing for ATM components. A Diebold plant in Lynchburg, Va., which was opened in 1990, will continue this work for the company.