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More than 60 people will lose their jobs this spring after a global manufacturer shutters its Charlotte region facility.
Boyd Corp. is closing its Monroe plant at 300 Acme Drive in September, according to an N.C. Worker Adjustment and Retraining Notification Act report filed Wednesday with the North Carolina Department of Commerce.
Boyd is a manufacturer of engineered material such as gaskets and nameplates. The plant in Monroe worked on nameplates and warning labels.
Layoffs of the 63 employees will begin in April, according to the report. While the layoffs are expected to be permanent, some employees will be allowed to transfer or work remotely.
It’s unclear how many employees will be offered those choices. It’s also unclear why the facility is closing. Boyd did not respond to a request for comment
More about Boyd Corp.
Boyd is headquartered in Pleasanton, California, near Oakland, and has operated for almost 100 years, according to its website. It employs over 5,000 people in locations throughout the Americas, Europe and Asia.
The company previously had a thermal business branch where it produced products such as cooling systems for data centers. In November, Boyd sold that thermal unit to Eaton Corp. for $9.5 billion, according to a news release. The deal would be solidified late this year.
With that sale, Boyd said its engineered material business will continue and grow.
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Desiree Mathurin
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