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Factory Closure

Business
Tyson Foods To Close Two Pennsylvania Plants, Laying Off 229 Workers Tyson Foods To Close Two Pennsylvania Plants, Laying Off 229 Workers
Tyson Foods To Close Two Pennsylvania Plants, Laying Off 229 Workers Tyson Foods will permanently close two Philadelphia facilities, affecting 229 employees, according to a WARN notice filed by the company. The closures include the Original Philly Cooked Plant at 4001 North American Street and the Original Philly Raw Plant at 520 East Huntington Park Avenue, both located in Philadelphia. The plants, which employ 110 and 119 workers respectively, will shut down operations effective Jan. 31, 2025. The layoffs come as part of Tyson Foods' restructuring efforts, though further details about the closures have not been disclosed. According to the Worker Adjustmen…

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by Jillian Pikora
News
Harley-Davidson Stocks Plummet As Factories Shutter Suddenly: Reports Harley-Davidson Stocks Plummet As Factories Shutter Suddenly: Reports
Harley-Davidson Stocks Plummet As Factories Shutter Suddenly: Reports Harley-Davidson factories in Wisconsin and Pennsylvania have abruptly closed due to a parts issue, according to multiple media outlets citing company officials.  The matter appears to be over shipping as well as compliance concerns, Wall Street Journal reports. Stocks for the company have fallen 8% falling the news, according to the outlet.  "This decision, taken out of an abundance of caution, is based on information provided by a third-party supplier to Harley-Davidson late on Tuesday (5/17) concerning a regulatory compliance matter relating to the supplier’s component part…

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by Jillian Pikora