MIAMI - NOVEMBER 03: In this photo illustration, a box containing a Black & Decker tool is seen with a Stanley tool at Shell Lumber and Hardware on November 3, 2009 in Miami, Florida. The tool makers Stanley Works and Black & Decker Corp. today announce that in an all-stock deal Stanley Works would pay $3.46 billion for rival Black & Decker. (Photo illustration by Joe Raedle/Getty Images)
INDIANAPOLIS (AP) — Cutbacks at two central Indiana factories are costing nearly 300 workers their jobs.
Indianapolis-based apparel maker Motionwear has notified state officials that it plans to permanently close its production facilities early next year and eliminate almost 150 jobs. The company, which makes dance leotards, gymnastics apparel and cheer uniforms, hasn't given a reason for the closing decision.
Power tools maker Stanley Black & Decker is planning to permanently lay off about 140 workers from its factory in Greenfield, about 20 miles east of Indianapolis.
The Connecticut-based company says the job cuts will take effect by early February as it consolidates production to fewer facilities.
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