Queen City News

Iredell County industrial plant to close, 217 jobs being eliminated

By Jesse Ullmann,

2024-09-05

TROUTMAN, N.C. ( QUEEN CITY NEWS ) — More than 200 employees will lose jobs they held with a company out of Iredell County, according to a new North Carolina WARN notice.

Pennsylvania-based Keystone Powdered Metal Company will close its factory and with that, eliminate 217 positions from its Troutman plant on Old Murdock Road.

The company manufactures auto parts like gear and clutch components. All layoffs are effective by April 1, 2025.

The WARN (Worker Adjustment and Retraining Notification) Act intends to protect workers facing layoffs or plant closures.

For the latest news, weather, sports, and streaming video, head to Queen City News.

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Jim Franklin

09-05

Best economy ever!!!!💩

jimi g

09-05

I'll bet Kamala Harris is proud of this.

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