TransAxle Cinnaminson Closes 16 Facilities After Failed Sale Attempt

TransAxle Cinnaminson has closed all 16 of its facilities following a failed attempt to sell the company. This closure includes one location in Pennsylvania and marks a significant operational shift for the company. The decision to close the facilities comes as the company faces challenges in securing a buyer, leading to an uncertain future for its workforce. While specific employee counts affected by the closures were not disclosed, the impact is expected to be substantial given the number of facilities involved. The closures are effective immediately as the company restructures its operations.

LayoffTalk has tracked 7 layoff events at TransAxle Cinnaminson since May 2025, with 7 additional events known from news reporting.