Southington-based Rex Forge says it plans to shut down after 150 years in business and lay off 100 employees because its only customer terminated its contract.
The top three employees at Crucible Industry were approved for their Key Employee Incentive Plan (KEIP) incentives.
The manufacturing industry has been on a roller coaster ride since COVID, according to Ethan Karp, CEO of The Manufacturing Advocacy and Growth Network (MAGNET).
Manufacturing sector employees at the best workplaces in India are 2.7 times more likely to stay in psychologically healthy environments, and the overall view of manufacturing as a great place to work ...
(MENAFN- KNN India) New Delhi, Jan 31 (KNN) As India's manufacturing sector strides toward industry 5.0, employee well-being has become a key priority alongside technological advancements.
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