Die casting producer Tempo Industries LLC plans to shut a plant in Michigan and lay off 244 staff because of “monetary bother.”
The everlasting layoffs on the manufacturing facility in Muskegon, Mich., will begin Dec. 20 and be full by the top of the yr, in line with a WARN discover filed to the state. Workers will not be represented by a union.
The discover doesn’t expound on the monetary bother resulting in the closure. Crain’s Detroit Enterprise, an affiliate of Automotive Information, couldn’t instantly attain the corporate for remark Monday.
Tempo has 4 manufacturing areas within the Muskegon space, in line with its web site.
The layoffs are the most recent for a producing sector that has been hit laborious by inflation and provide chain troubles over the previous two years. A number of small producers and native tool-and-die retailers have filed for chapter safety amid the stress.
Final yr, Tempo moved its headquarters from Arkansas to suburban Detroit, the place it added 60 administrative jobs. The transfer adopted the corporate’s voluntary submitting for Chapter 11 chapter in 2020, which it mentioned was a results of the COVID-19 pandemic stunting its provide chain.
Tempo die casts aluminum, zinc and magnesium components for automakers, tier one suppliers and aftermarket corporations. Its clients embrace Whirlpool Corp., Harley-Davidson Inc. and Weber Inc.