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Electronics Production |

Tona close down in Czech Republic

Tona will close down in Pečky (Czech Republic). All 130 workers will be dismissed.

Tona, a Czech hand tools provider that is currently owned by Stanley Black & Decker, plans to close down its manufacturing unit in Pečky. All 130 employees will be affected by the closure, which is scheduled to be completed at the end of the year. A company spokesman told local media that the economic downturn has effected the closure and the company was unable to offset the decreasing number of orders and increasing labour costs.

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March 28 2024 10:16 am V22.4.20-2
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