This week, ASWPENGG submitted a WARN with the Ohio Office of Workforce Development explaining it would be closing its Bedford Heights facility. That facility is located at 26300 Miles Road. The letter explains that the company experienced financial distress due to unfavorable trade policy throughout 2018 and 2019.
The company successfully obtained operating capital and continued operations. Due to the COVID-19 Pandemic and while pursuing all credit options, the company no longer has a good faith belief that it will be able to secure the capital required to continue active operations beyond June 30, 2020.
As a result, the company will likely be laying off 122 workers with the terminations starting in the week before June 30, 2020. The entire facility is expected to close. The full WARN can be found here.