AM I NEXT? NO LOVE AT GREDE

Southfield, Michigan-based Grede, a metals processor that designs, engineers, and manufactures iron castings, has announced the cessation of foundry operations in Alabama. The company will begin transferring manufacturing work from its foundry in Brewton, Alabama to locations in other states by mid-year.

The Brewton, Alabama, foundry closure will impact 220 employees, including 130 hourly employees, 30 salaried employees, and 60 third-party contractors. Layoffs will begin on May 22, 2025.

The facility will stay open once manufacturing work stops, and the company is considering using it for other purposes, like warehousing or research and development.

According to a spokesperson, “Grede’s primary served markets have not rebounded to pre-COVID volumes, resulting in an availability of capacity across some of Grede’s US foundries. We are transferring work across our network of facilities to maximize utilization of assets and reduce inefficiencies.”

Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. We see good people being laid off through no fault of their own. Just because something terrible hasn't happened yet doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. While many employees can read the writing on the wall, why do most assume it’s targeted at someone else? Are you now wondering, Am I Next?

AM I NEXT? NO LOVE AT KEYSTONE POWDERED METAL COMPANY

St. Marys, Pennsylvania-based Keystone Powdered Metal Company, a subsidiary of Osaka, Japan-based Sumitomo Electric Industries and a producer of complex powder metal components for the North American market, has announced it will close at least one of its two plants north of Charlotte, North Carolina, in April 2025.

The closure will impact 217 employees.

Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. We see good people being laid off through no fault of their own. Just because something bad hasn't happened yet doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. While many employees can read the writing on the wall; why do most assume it’s targeted at someone else? Are you now wondering, Am I Next?

AM I NEXT? NO LOVE AT ALUDYNE

Southfield, Michigan-based Aludyne, a vertically integrated manufacturer of aluminum, magnesium, and iron cast and machined automotive components, has announced the closure of its Columbus, Georgia machining operations.

The closure will impact 193 emloyees with the layoffs scheduled between June 30, 2024 through July 14, 2024.

According to a company statement, “We have notified our employees that the machining plant will be closing at mid-year, and the remaining work will be transferred to available capacity at other Aludyne plants in the U.S. We expect that some employees will have an opportunity to transfer to our Columbus foundry plant which is unaffected by this action.”