30 people to be laid off by Rexnord as work is moved from Indianapolis to Mexico (thank you very much) and Texas. Texas has tax incentives, do you ask yourself why so many companies are moving there? And Mexico, wages are so low and management loves... — read more 

Who can positively spin this now, and is POTUS gonna save us? Source: http://fox59.com/2017/03/27/rexnord-posts-first-layoffs-as-it-prepares-to-move-indy-operations-to-mexico/

I heard parts of IT will be outsourced

Rexnord is going strong