Business

Two Major Indiana Manufacturers Cut Nearly 300 Jobs

Currently, the United States of America is going through a rough phase when it comes to employment because the country is on the verge of recession and dealing with a deadly trade war. However, people living in Indianapolis might be facing unemployment issues because of its two local companies decided to shut down their operations. Indianapolis based Apparel making company Motionware has recently notified government authorities that they are planning to shut down their prediction facilities here. This decision to shut down the production facility from Motionware was shocking to many people since it might kill nearly 150 jobs locally. Motionware reportedly submitted the required documents with local government authorities describing the need and their intention behind closing one of the major production facilities in Indianapolis. Motionware makes dance leotards, gymnastics apparel, and cheer uniforms, and they haven’t declared an official reason behind such a decision of closing down a factory.

Stanley Black & Decker, which is a powerful tool making company from Indianapolis, is also planning to shut down its production facility. It’s been estimated that this decision of Stanley Black & Decker might kill nearly 140 jobs locally. The production facility of Black & Decker is located at Greenfield, which is almost 20 miles away from east Indianapolis. The company’s officials said that they are trying to cut down production facilities into a fewer number. The rising chances of inflation and the increasing geopolitical situation between US-China are affecting manufacturing companies at a more significant level. Black & Decker officials said that they are planning to shut down the factory in February, and employees have been informed about it. Two central manufacturing companies decide to close down their significant facilities, which will be negatively affecting local employment. Now it might raise the unemployment issues since nearly 300 people will be losing their jobs permanently.