TransAxle Cinnaminson Shuts Down Operations in New Jersey
SOURCENews reportView the filing ↗
What we know
Location: Cinnaminson, NJ.
Based on news reporting.
Summary
TransAxle Cinnaminson has officially closed its operations in Cinnaminson, New Jersey, resulting in the layoff of approximately 150 employees. The closure comes as part of a strategic decision to streamline operations and reduce costs. Employees were notified of the layoffs effective October 1, 2023. This decision reflects ongoing challenges in the distribution sector, impacting the company's ability to sustain its workforce. The closure marks a significant shift for TransAxle, which has been a key player in the trucks, parts, and service industry in the region.
LayoffTalk has tracked 7 layoff events at TransAxle Cinnaminson since May 2025, with 7 additional events known from news reporting.
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