Strattec to list Milwaukee facility for sale, reduce shifts, cut 20 jobs

STRATTEC SECURITY CORP

Listing Milwaukee facility for sale to evaluate upgraded and modernized operations.
Reducing from three shifts to two in Q1 2025, eliminating approximately 20 direct labor roles.
Manufacturing team moving to a 10-hour, 4-day work week for flexibility.
Process evaluation expected to take several months; sufficient capacity for customers maintained.
President Jennifer Slater cites improved productivity and team energy behind the changes.

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