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Business & Economy
Thu November 8, 2012
TE Connectivity To Layoff More than 600
A manufacturing plant in High Point will close by the end of next year and more than 600 people could lose their jobs.
Jeff Tiberii: The TE Connectivity plant on the Greensboro-High Point line makes electronic connectors for refrigerators, stoves and other appliances. A TE official says the plant is being closed to consolidate the operations in an effort to me more efficient. As many as 620 people could be laid off by December of 2013, with some layoffs beginning in late January. Fifty employees could be transferred to other TE locations in the triad. TE is based in Pennsylvania. It operates two facilities in Greensboro and another in Winston-Salem.