COLORADO SPRINGS, Colo. (AP) — Hand tool manufacturer Western Forge may lay off about half of its workers at its Colorado Springs plant.
The Gazette (http://bit.ly/1iM4Kat) reports that the company notified the state on Sept. 2 that it expects to lay off about 150 workers over two months.
Since the company has 100 or more workers, it’s required by federal law to provide notice of large layoffs. However human resources manager John Quarles told the newspaper that a final decision on whether there will be layoffs hasn’t been made.
Western Forge makes pliers, screwdrivers, adjustable wrenches and other tools and used to make Craftsman tools for Sears.
It was purchased by Sycamore, Ill.-based Ideal Industries, Inc. in 2010.
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Information from: The Gazette, http://www.gazette.com
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