In Third Layoff of 2015, Timken Cuts 40 Positions

Lebanon — Timken Aerospace, continuing to grapple with a downtown in its precision ball bearing business, is letting go about 40 workers at its Lebanon plant as part of a reorganization that involves transferring some functions to the parent company’s corporate headquarters in North Canton, Ohio. The layoffs are the latest blow at the Lebanon plant, one of the city’s biggest manufacturing employers, which has already faced two rounds...

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