This from the Kokomo Tribune:
PERU, IN – Local and state officials are working on a plan and a potential set of incentives to keep Schneider Electric from closing its Peru plant after the company announced it was moving all production to facilities outside the state later this year. Schneider Electric, which opened in the city in the early 1900s, currently employs 306 workers at its plant at 252 N. Tippecanoe St., making it one of the largest employers in Miami County. Executive Director of the Miami County Economic Development Authority (MCEDA) Jim Tidd said local officials are now working with the Indiana Secretary of Commerce, as well as Sen. Randy Head and Rep. Ethan Manning, who both represent the city at the statehouse, on developing a plan to convince the company to reverse its decision. The company shocked employees and union leaders earlier this month with the surprise announcement that it was transferring all production from the Peru plant to its facility in Texas and one other East Coast plant. Some production will also be shifted to the company’s plant in Monterrey, Mexico.