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Regal Rexnord has announced the closure of its facility in Cudahy, Wisconsin, resulting in the layoff of 70 workers. This decision reflects the company's strategic adjustments and operational changes. The layoffs are set to take effect on October 1, 2023, as the company consolidates its operations. Regal Rexnord's move underscores the challenges faced in the current economic climate, impacting local employment significantly.
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