Hoosier Lays off Staff at Manufacturing Facility

A number of workers at Hoosier Tire & Rubber’s Plymouth race tyre manufacturing plant in Indiana, USA were laid off on May 26 in response to current market conditions. According to news released by the company, the layoffs constitute a “small workforce adjustment,” however the exact number of jobs lost was not specified.

“This reduction in force is necessitated by the current economic and market conditions,” read the statement. “We believe we have taken careful steps to remain a major player in the very competitive national motor sports market place.

“We are confident that this move will make us stronger as we continue to develop and produce Hoosier Tires in the Plymouth community,” the statement continued. The May 26 layoffs are, according to the company’s vice president of manufacturing Don Newton, the first in “many, many years.”