Tipton-based Steel Parts Manufacturing Inc. has notified the state it expects to lay off 107 employees. The company says the mass layoff is due to "unfavorable business circumstances beyond its control."
The layoff is expected to affect hourly and salaried employees, and terminations are scheduled to take place during the first two weeks of August.
The layoffs are expected to be permanent.
The company says the affected employees do not have bumping rights.
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The Layoff List was created in 2019 and is free for the community. Tips reported are left anonymous unless they explicitly ask to be included as a source. We verify a majority of tips and include independent sources, but for tips that we are unable to verify we separately categorize them as unverified reports to avoid misrepresentations.