Florida company to move jobs out of St. Charles
ST. CHARLES – About 31 jobs will either be lost or shifted out of the area later this year when a Florida company completes the process of integrating a business it bought from St. Charles-based DuKane.
In 2009, HEICO, the parent company of Sarasota, Fla.-based Radiant Power Corp, purchased DuKane’s Seacom division.
Seacom is described as “the world’s leading supplier of underwater acoustic locator beacons,” which are devices installed on commercial and military aircraft, as well as in other maritime and underwater applications.
Since 2009, Seacom has operated at DuKane’s St. Charles headquarters, said Terry Goldman, vice president of administration for DuKane, as DuKane has “leased” the 31 employees in the Seacom business from Radiant.
However, this week, Radiant announced it intends to integrate Seacom’s production into its Sarasota manufacturing and engineering plant. The process is set to be completed by the end of 2013, according to a release from Radiant.
Goldman said some of the 31 employees will be offered the chance to relocate to Sarasota, but others will “need to seek other employment elsewhere,” Goldman said.
“Quite a few” employees have already indicated that they will retire this year, she said. She said Radiant has indicated it will aid other employees in job searches.
Goldman said the relocation of Seacom will have no impact on DuKane’s other operations at the St. Charles facility.
“There are a lot of employees here, a large workforce in our ultrasonics and Intelligent Assembly divisions,” Goldman said. “There are no plans for us to be going anywhere.”