Yanfeng International announced 155 permanent layoffs. The layoffs affect its Chattanooga plant on Bonnyshire Drive. This action likely means the plant's complete closure. Economists view this as part of a broader industry slowdown. More than 500 jobs will be permanently laid off in the area by June.
Chattanooga, Tenn.
https://www.wdef.com/yangfeng-announces-155-permanent-layoffs-in-chattanooga/