Tipton, Indiana-based Steel Parts Manufacturing, an OEM/Tier 1 supplier specializing in precision metal stampings for the automotive, powertrain and motion technology industries, has announced the lay off 107 employees citing "unfavorable business circumstances beyond its control." Layoffs are planned in the first part of August 2021.
The future of the facility and its operations lies with its Crawfordsville, Indiana-based parent company, Gearbox Group
which could close the Tipton facility and move equipment and operations to one of its other facilities such as Raybestos Powertrain located in Crawfordsville, Indiana.
Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?