Changing Workforce / Supply Chain Management

In Missouri, factory workers lose jobs as steel tariffs put business in "crisis mode"

By CBS News

Jun 26, 2018

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Steel tariffs that went into effect the first week of June are causing a factory in Missouri to lay off dozens of workers due to lost business from cancelled customer orders.

At the MidContinent Steel and Wire plant in Poplar Bluff, Missouri, where Magnum Fasteners products are made, 60 employees were laid off this month as certain operations were idled due to lost business from increased steel costs.

Read the full story at cbsnews.com.