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Friday, May 22, 2015

181-year-old Central New York manufacturer to close, lay off 89 workers

Apex Tool Group, which traces its roots in Cortland back to 1834, will close its manufacturing plant in the city by the end of the year and lay off its 89 employees. Apex said Friday it will move the work done at the factory to newer plants in York, Pa., and Sumter, S.C. Kelly Blask, a spokeswoman for the company, said the facility at 45 Cleveland St. has been operating below capacity for some time.
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