Canadian-based company ceases operations; dozens of people laid off in Pennsylvania
The company said its financial position has worsened significantly since 2021, and that it had faced additional pressure since 2024 due to the imposition of tariffs by the U.S. government, post-pandemic reductions in consumer demand, increased competition from offshore competitors, and ongoing cash constraints.
The company said its financial position has worsened significantly since 2021, and that it had faced additional pressure since 2024 due to the imposition of tariffs by the U.S. government, post-pandemic reductions in consumer demand, increased competition from offshore competitors, and ongoing cash constraints.
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