Current:Home > StocksIndiana automotive parts supplier to close next spring, costing 155 workers their jobs -FinanceMind
Indiana automotive parts supplier to close next spring, costing 155 workers their jobs
View
Date:2025-04-18 16:05:32
ASHLEY, Ind. (AP) — An automotive parts supplier plans to close its northeastern Indiana plant next spring, costing more than 150 employees their jobs.
Plymouth, Michigan-based TRAM Inc. said its TRIN Inc. plant in the town of Ashley will close on March 31, 2024, and 155 workers, including office staff and managers, will be laid off, The (Auburn) Star reported.
Both the closure and layoffs are expected to be permanent, the company said in a federal WARN Act notice sent to the Indiana Department of Workforce Development. The layoffs are expected to begin in November, it states.
Employees will be given an opportunity to transfer to “a related entity in Michigan,” according to the notice. None of the plant’s employees are represented by a union.
According to its website, TRIN Inc. is a Japanese-owned automotive parts supplier, serving companies that include Toyota, Nissan, Subaru, Ford and General Motors.
The Ashley plant, located about 30 miles (48 kilometers) north of Fort Wayne, makes switch-related automotive components, including steering pad switches, power seat switches and door lock switches.
TRAM Inc. is a subsidiary of Nagoya, Japan-based Tokai Rika Co. LTD.
veryGood! (9)
Related
- Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
- A Bridge to Composting and Clean Air in South Baltimore
- Inside Clean Energy: From Sweden, a Potential Breakthrough for Clean Steel
- The 30 Most Popular Amazon Items E! Readers Bought This Month
- The Louvre will be renovated and the 'Mona Lisa' will have her own room
- Biggest “Direct Air Capture” Plant Starts Pulling in Carbon, But Involves a Fraction of the Gas in the Atmosphere
- Hyundai and Kia recall 571,000 vehicles due to fire risk, urge owners to park outside
- Washington Commanders owner Dan Snyder fined $60 million in sexual harassment, financial misconduct probe
- Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
- The wide open possibility of the high seas
Ranking
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- Singapore's passport dethrones Japan as world's most powerful
- The U.S. is threatening to ban TikTok? Good luck
- Unchecked Oil and Gas Wastewater Threatens California Groundwater
- Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
- The Bachelorette Charity Lawson Explains Her Controversial First Impression Rose Decision
- The Biden Administration Takes Action on Toxic Coal Ash Waste, Targeting Leniency by the Trump EPA
- Octomom Nadya Suleman Shares Rare Insight Into Her Life With 14 Kids
Recommendation
Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
Inside Clean Energy: Denmark Makes the Most of its Brief Moment at the Climate Summit
Shifts in El Niño May Be Driving Climates Extremes in Both Hemispheres
Batteries are catching fire at sea
SFO's new sensory room helps neurodivergent travelers fight flying jitters
Singapore's passport dethrones Japan as world's most powerful
Climate activists target nation's big banks, urging divestment from fossil fuels
Pussycat Dolls’ Nicole Scherzinger Is Engaged to Thom Evans