READING, Pa. (AP) — The owner of a foundry that has been in Kutztown for 144 years says a decline in demand is behind the decision to close the facility, eliminating 130 jobs.
McConway & Torley LLC will close its plant on May 5 and lay off 130 workers because of a drop in demand Nancy Farrar, a spokeswoman for Trinity Industries Inc. — the Dallas, Texas-based company that owns McConway — told the Reading Eagle newspaper in its Thursday edition (http://bit.ly/Z21MhT).
The plant has been in use since 1869 and was purchased by McConway in March 1980.
In 2007, the company laid off 149 workers.
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Information from: Reading Eagle, http://www.readingeagle.com/
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