Art Fx Concord NH

[tonypep]

Looks like they are closing the NH facility. 100K sq ft. six autos etc up for sale (auction pending). Wonder what the back story to that is. Just being nosy.

[3Deep]

Belt tighten ahead of the curve the US is about to feel maybe

[Atownsend]

This is Tegra, the NC plant. They we're acquired by a SK company last year. They closed the South American manufacturing plants shortly after acquisition. I only know of them because one of our team members relocated 2 hours away to go work for them in Norfolk. I spent months training her on seps and the office day to day. She said they had better benefits, so I said good luck. From what I understand they closed 6 months later and she came back looking for a job.... hard nah. LOL.

https://www.prnewswire.com/news-releases/sae-a-trading-announces-definitive-agreement-to-acquire-tegra-302110204.html

https://businessnc.com/tegra-to-close-concord-plant/#:~:text=%E2%80%9CThe%20reason%20for%20the%20plant,notice%20filed%20with%20the%20state.