The Apex Tool Group announced it will be closing its Gastonia, NC, plant in June 2013 and moving those jobs to facilities in Texas and China. Among the tools made at the plant are sockets sold under the Craftsman brand label.
220 people are currently employed at the Gastonia plant – which has been producing tools since the late 1970s. The Apex Tool Group, formerly Danaher, owns a huge number of tool brands and was acquired last year by Bain Capital.