YTO Group Announces Closure of French Factory, Lays Off Remaining Employees

According to a report from Info France 3 Champagne-Ardenne, the producer of agricultural transmissions has decided to close its factory in Saint-Dizier and lay off the remaining 35 employees. Only the site manager was reported to remain at the location to implement the final closing of the factory. 

According to a seperate report from Profi, the COVID-19 pandemic was given as one of the reasons for the closure. YTO Group had reportedly planned…

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