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North Carolina Plant Restructures, Cuts Most Jobs

Hasco America Inc. says it will cut about 40 of its 50 jobs at the machine parts plant as part of a national restructuring plan.

ARDEN, N.C. (AP) -- A western North Carolina machine parts plant says it will cut about 40 of its 50 jobs as part of a national restructuring plan.

The Asheville Citizen-Times reported Friday that Hasco America Inc. said the cuts would be made at its Arden plant over several months.

The newspaper said Hasco America also announced the closing of a small factory in Valencia, Calif.

Hasco opened its plant in Arden in 1998 where it made mold bases and parts used in the plastics industry. The company is based in Germany and has more than 1,400 employees around the world in 37 countries.

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