Location: Cinnaminson, NJ.
Based on news reporting.
TransAxle Cinnaminson, a heavy-duty truck parts maker and distributor, is set to close its operations after 46 years of service. The closure will affect approximately 100 employees who will be laid off as the company ceases its operations. This decision comes amid challenges faced by the company in the current market environment. The closure is expected to take effect on October 1, 2023, marking the end of an era for the local workforce and the community. The company has not specified any plans for future operations or restructuring.
TransAxle Cinnaminson cut 100 jobs as of October 1, 2023.
LayoffTalk has tracked 8 layoff events at TransAxle Cinnaminson since October 2023, affecting a combined 858 employees.
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