Flexfab LLC announced Wednesday afternoon that it recently laid off approximately 63 factory associates in Hastings and also rightsized a dozen positions in the office.
“These were very tough decisions for the organization to make, but when one of our largest customers, Boeing, completely stops production of their 737-Max aircraft, that’s a huge impact to the production of our parts for them,” Bill Rohr, vice president of human resources said in a press release. “We are also dealing with huge reductions in the heavy-duty truck industry, unprecedented material price increases, tariffs and now the impact from the recent coronavirus.
“By choosing to right size the organization, we are acting to protect our future in Hastings, and to create a stronger position for Flexfab over the long term.”
In carrying out these decisions, he said company officials will look for every way to minimize impact on employees and the communities in which Flexfab operates.
“Clearly, the rightsizing will have an impact on our people and the community,” Rohr said, “but we are committed to ensuring that those employees will be handled fairly and with compassion.”
Flexfab LLC is a leading manufacturer of component parts for the aerospace, heavy-duty truck, automotive and other industries that require flexible parts for use in extremes of heat and cold. Products include charge air connectors, coolant hoses, heater hoses, and special reinforced shapes of all kinds, as well as flexible ducting for a variety of applications.