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@ Yahoo! Finance - by layer3.news
2025-03-01 14:16:14
nostr:nprofile1qy3hwumn8ghj7un9d3shjtt5v4ehgmn9wshxkwrn9ekxz7t9wgejumn9waesqgr8g2hyzql5lt4cxfjdj40hgtu6vydvsqvsesqy8canygcce3lwvyyapkyy
✍️ Tormach, a machine-tool maker, is taking steps to mitigate the impact of a potential trade war by reducing spending, raising prices, and altering its workforce benefits.
👉 Tormach bought a factory in Zapopan, Mexico, to shift production from China
👉 The company has raised prices twice this year on some products
👉 Tormach reduced 401(k) matches and eliminated some bonuses
👉 The company asked a landlord to alter a lease
#Zapopan,Mexico #China #Wisconsin #business
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