Boonville Plant to Close

NORDYNE announced Thursday it will shutter its manufacturing lines in Missouri in order to open a new campus in Mexico.The company says the move will affect around 700 employees at facilities in Boonville and Poplar Bluff. The plant in Boonville opened in 1979. It will keep a plant in Tennessee open.NORDYNE says it has developed a plan for employees, which includes severance pay, health insurance coverage and outplacement services.Its new plant in Mexico is expected to be at full capacity at the end of 2015, with the transition starting in 2014.