Elizabethtown-based Akebono Brake Corp. has issued a request to its 1,900 employees for voluntary retirements. Though the company is handling the turbulence in the automotive industry better than some – it supplies brake components for seven of the top 10 cars sold in North America – the company is working to reduce costs. In addition to its headquarters and production facility in Elizabethtown, Akebono also has a plant in Glasgow, Ky., and a research and development facility in Farmington Hills, Mich.
Elizabethtown
The Lane Report
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