Published 1 year ago

Timken to close, lay off 225 employees by the end of 2023

Summary by Ground News

The Timken Company announced to its employees Monday that the company will be winding down operations by the end of the year. The company said it will support the 225 employees who work at the Gaffney facility by offering the opportunity for them to apply at other locations. Timken said it is closing to streamline operations and restructure the manufacturing footprint.

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WSPA

Timken to close, lay off 225 employees by the end of 2023

GAFFNEY, S.C. (WSPA) - The Timken Company announced to its employees Monday that the company will be "gradually winding down operations" by the end of the year. According to the spokesperson for the Timken Company, the company is closing to streamline operations and restructure the manufacturing footprint to better compete in the global market. The company said it will support the 225 employees who work at the Gaffney facility by offering the op…

1 year ago·Savannah, United States

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