by Owen Collins | Dec 17, 2018 | Around the Industry
The OEM has recently laid off staff in a multitude of management positions. The Democrat & Chronicle reports that union-represented employees, including manufacturing and production workers, were not affected by the redundancies. Gary Bonadonna, a union leader,...
by Owen Collins | Oct 19, 2018 | Around the Industry
The OEM is closing its two locations in Windsor, Connecticut, with the expected loss of 219 workers. HartfordBusiness.com reports that the company is set on permanently closing its facilities at 500 Day Hill Road and 550 Marshall Phelps Road by the end of September...
by Owen Collins | May 3, 2018 | City News
The OEM has published its financial results for the first quarter of the year, showing a slight dip. The Connecticut-based company saw its total revenue drop to $2.43 billion (€2.02 billion), a minor fall of 0.8 percent from $2.45 billion (€2.04 billion) in the same...
by Owen Collins | Apr 30, 2018 | Around the Industry
The OEM has announced it will begin the laying off of its workers in July of this year. The Hartford Business Journal reports that the announcement comes as the company prepares to close two of its Windsor, Connecticut-based facilities, on Day Hill Road and Marshall...
