UTC Aerospace Systems will close its Albuquerque plant in the fall, resulting in 150 layoffs.
A company spokesman confirmed Tuesday that the facility near Osuna and Jefferson NE, which makes components for the space program, will shut down by the end of September. Work at the plant will be transferred to other U.S. locations, spokesman Daniel Coulom said in a statement.
UTC Aerospace Systems, a division of Hartford-based United Technologies Corp., also manufactures aircraft components that manage a plane’s heating and cooling, fire suppression and electrical systems, according to the company website.
“The closure is a business decision based on excess capacity and the need to remain competitive,” the statement said.
The local workers, many of whom hold highly skilled jobs, will receive a severance package and outplacement services, the statement said.
The Albuquerque location saw 20 jobs cut last October “related to a drop in volume of work.” Last June, the company laid off 200 people worldwide.
The local plant was a former Goodrich site and became part of UTC Aerospace Systems in 2012. UTC Aerospace was formed that year as a merger of Hamilton Sundstrand and Goodrich, Corp., which United Technologies bought in 2012.
UTC Aerospace employs about 42,000 people worldwide, according to its website.