Tag: layoffs
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Legacy Manufacturer Bellwater Steel & Fastener Cuts 85 Jobs
Bellwater Steel & Fastener Co. is laying off 85 workers, roughly a quarter of its remaining workforce, citing declining orders and competition from automated out-of-state producers.
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A Failed Trial Result Forces Ridgeline Therapeutics to Cut Its Bellwater Workforce
Ridgeline Therapeutics is cutting 45 jobs after its lead drug candidate failed a mid-stage clinical trial, a setback that tempers Foundry Row’s steady biotech growth narrative.
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Steelworkers Local Disputes Company’s Account of Fastener Plant Layoffs
Wentworth County Steelworkers Local 411 is demanding a meeting with Bellwater Steel & Fastener management after this week’s layoffs, saying the company rejected an alternative cost-saving proposal.