Iola’s Haldex Brake plant will be closed by the end of the year, affecting about 160 employees.
Cathy Lynch, human resources director, said she was uncertain how quickly operations at Iola would cease and whether employees would be given opportunities to transfer to another of the Swedish company’s facilities. She expects to know more in the next couple of weeks.
A news release originating at the company’s headquarters in Stockholm, Sweden said:
“As a final step in the earlier announced cost-reduction program, to serve customers better and increase…
Haldex to close; 160 to lose jobs
