50-Year-Old Iron Castings Plant to Close in Alabama

From Yahoo Finance: 2025-04-09 10:48:00

Grede LLC plans to close its foundry in Brewton, Alabama, affecting 220 workers. The plant makes iron castings for industrial machinery, automotive, and commercial truck markets. Grede cites low market demand due to COVID for the closure. Workers will receive severance and relocation opportunities. The company may repurpose the facility.

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