Invacare Corporation in Elyria laying off 143 workers at Taylor Street manufacturing facility

ELYRIA, Ohio - Due to a decline in production, Invacare Corporation says they will immediately lay off 143 workers at its Taylor Street manufacturing facility in Elyria.

Invacare currently employs 365 hourly manufacturing associates at its Taylor Street facility. The remaining 222 will remain in their current roles or be reassigned to other roles across the Elyria campus.

For those losing their jobs, the company is offering 60 days continuance of pay and benefits.

Invacare reached an agreement on the terms of a consent decree of injunction with the U.S. FDA. The consent decree relates to previously announced inspectional observations at Invacare's corporate facility and its Taylor Street wheelchair manufacturing facility. The decree, which was approved last week, limits production and certain design activities at the two Elyria facilities until they are inspected and certified to be in compliance with FDA regulations by an independent third-party expert.

Due to the realignment, Invacare expects to incur one-time restructuring charges not to exceed $1.25 million on a pre-tax basis.

"While we regret having to take this step, we recognize the need to align our workforce with our production volume,'' said Gerry Blouch, Invacare president and CEO in a news release. "We value and respect the hard work that our associates demonstrate on a day-to-day basis and we will provide assistance to those affected to help them with the transition. We remain committed to achieving full regulatory compliance and to resuming full operations at Taylor Street as quickly as possible. Over the past year, we have made significant investments of time, people and resources to achieve regulatory compliance and make Invacare's Taylor Street manufacturing facility an even stronger operation.''

After the reduction, Invacare will continue to employ approximately 1,050 associates in northeast Ohio and some 6,050 workers worldwide.

Invacare Corporation is the global leader in the manufacture and distribution of innovative home and long-term care medical products that promote recovery and active lifestyles.

For more information about the company and its products: www.invacare.com

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