Rexnord Corp. filed a WARN notice with the Indiana Department of Workforce Development on December 16, indicating plans to close a ball bearing and roller bearing manufacturing plant in Indianapolis. The Milwaukee-based manufacturer will relocate the operation to Mexico, according to reports, affecting approximately 350 workers, as indicated in the filing. The Worker Adjustment and Retraining Notification (WARN) Act of 1988 requires employers to announced its intention to layoff workers at least 60 days prior to the date of a plant closing. The purpose is to provide workers with sufficient time to prepare for the change in employment status. In May 2015 Rexnord told analysts it would reduce its total manufacturing organization by 20-25% over two years, shifting operations to lower-cost locations, and projecting it would save about $30 million annually.