Stanley-LaBounty announces lay-offs…

Attachment manufacturer announces more lay-offs at its Two Harbors factory in the US.

The name of LaBounty is synonymous with the development of highly specialised demolition attachments for the demolition industry. However, it appears that even such well-known and respected brands are not impervious to the economic recession that continues to eat away at the demolition industry.

As this video from Northlands News Center highlights, the company has just been hit by another round of lay-offs that are directly attributed to the current global economic crisis and credit crunch.