GREENCASTLE, Ind. (AP) — More than 100 jobs are being cut at a western Indiana auto parts factory in its second round of significant layoffs this year.
International Automotive Components has notified state officials that it will permanently cut 125 jobs at its Greencastle factory with layoffs during December.
The company, which is headquartered in Luxembourg, cited “unforeseen business circumstances” for the job reductions.
The (Greencastle) Banner Graphic reported the factory had about 400 employees in May just before company officials announced the first round of nearly 100 job cuts.
