Rent reduced for Riders, early budget items approved by Regina Council
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Council retroactively slashed $1.33 million in rent owed by the Roughriders.
Employees at a power turbine manufacturing plant in Saskatoon are working on borrowed time.
More than 150 employees at Mitsubishi Hitachi Power Systems Canada were given layoff notices Thursday. The plant is shut down for the next week, with workers returning Aug. 2.
Employees will continue to work at the plant until manufacturing operations in Saskatoon are complete on Oct. 15.
Company spokesperson Susan Fernandez said the manufacturing division in the city is the only one affected by recent changes.
“This restructuring only affects our manufacturing business, it will not affect our power division,” Fernandez said.
Some employees of the power division will continue servicing ongoing and future projects out of the current building on 58th Street East, and out of the company’s other Canadian location in Calgary.
The company posted a statement online regarding the changes Thursday.
“The decision to restructure and streamline its manufacturing operations is fundamental to realizing cost synergies contemplated during the creation of the global Mitsubishi Hitachi Power Systems joint venture,” the statement read.
In February 2014, Mitsubishi Heavy Industries merged with Hitachi Ltd.