A Swiss firm that has maintained its North American headquarters in Essex Junction, Vermont, is moving that operation to North Carolina, meaning an expected loss of jobs.
Huber + Suhner says it will complete the move by June. The workers in Essex Junction handle duties including product assembly, sales and distribution. Some employees are expected to be asked to move with the company, but most of the assembly jobs will be eliminated by the end of this year.
Affected employees will get severance packages and outpatient services.
The company develops and manufactures components and system solutions for electrical and optical transportation of data and energy.