New York’s Yale Industrial Products will invest $3 million in its Wadesboro, North Carolina plant, creating 65 new jobs. The company will get a $116,000 state grant through the One North Carolina Fund. The new jobs will pay an average $37,000 a year, significantly higher than the Anson County average wage of $28,000. Yale Industrial Products is a [...]
Continue reading...Wednesday, May 20, 2009
Industrial manufacturer Columbus McKinnon will close down two factories and reduce capacity at a third, resulting in the layoffs of 10% of its workforce. Last quarter, the firm reduced operating headcount by more than 20%; instituted executive pay cuts; and suspended its 401(k) matching plan. Based in Amherst, New York, Columbus McKinnon manufactures hoists, trolley and [...]
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Friday, July 17, 2009
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