American Seating sells fixed seating segment to Irwin Seating Company
In March 2017, American Seating sold its fixed seating business to Irwin Seating Company. The financial terms of the agreement were not disclosed, but American Seating did lay off 80 workers. The company is instead choosing to focus on its transportation seating segment, which is less seasonal.
M&AIn response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.
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