(KLZA)-- In June, Ariens Company employees in Auburn learned the Wisconsin based company planned to close the facility between August 17 and October 15.
The company had about 190 employees at the time.
This week it was learned that Fast Global Solutions, an employee owned company with a plant in Falls City, has entered agreement of intent to purchase the Ariens facility in Auburn.
Auburn Mayor Scott Kudrna confirmed the information. The Mayor said the community is very excited about the deal. He said he has a huge amount of respect for FAST and what they have done in Falls City. Kudrna said the fact it is an employee owned company makes it even better.
The Mayor says it is his understanding that FAST is interested in hiring all of the employees currently working at the Ariens facility and hopefully want to hire more.
According to a release from Barb Ostander with FAST Global Solutions, following the completion of the proposed transaction, which is anticipated to occur in mid-September, FAST will begin operating the facility to increase capacity for its airline ground support equipment and materials handling conveyor sales divisions.
Over the next few weeks, various teams of FAST employees will meet with the Auburn team to create transition plans, and as soon as possible, will begin integrating Auburn employees and production. FAST will also be completing standard due diligence during this time.
Mayor Kudrna says this is the best outcome the community of Auburn could have hoped for.
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