I can't suggest any one thing (art or craft) that would pay the bills as well as a good paying factory job with bennies,but take the buyout.as ncnavguy says the chances are that layoffs will follow down the road.
As far as future employment goes,my dad one time told me...

"You have to work,there is no way around it.You have two choices in life,1 go get a job that pays the bills and allows you to stash some,tho you will most likely hate it or 2 find out what it is that you LOVE doining ,learn that so well that you become better than anyone at it,this way its not work,its play! and if you get better than anyone else at whatever you do the money will follow"

Sage advice!