AirBorn to Close Taunton Facility as Contract Manufacturing Becomes Unviable

What's Happening?

AirBorn, a manufacturer of interconnect solutions, has announced the closure of its Taunton, Massachusetts facility, citing the unviability of contract manufacturing for its business. The closure will affect 86 workers, with some remaining for up to 60 days to assist with shutdown tasks. AirBorn's operations will relocate to other sites, and its portfolio of military-grade cables and connectors will anchor a new aerospace and defense division led by CEO Michael Cole. The decision follows AirBorn's acquisition by Molex, which aims to integrate AirBorn's capabilities into its broader organizational structure.

Why It's Important?

The closure of AirBorn's Taunton facility highlights the challenges faced by companies in maintaining contract manufacturing operations amid changing market dynamics. The shift towards a new aerospace and defense division reflects strategic realignment to focus on high-value products and services. This move could impact the local workforce and economy, necessitating support for affected employees. The integration with Molex's operations may enhance AirBorn's capabilities and market reach, potentially influencing the competitive landscape in the aerospace and defense sectors.

What's Next?

AirBorn's transition to a new division may lead to further restructuring and strategic partnerships to optimize its product offerings and market presence. Stakeholders, including employees and industry partners, will likely monitor the impact of these changes on business operations and employment. The broader implications for the aerospace and defense industry could include increased competition and innovation as companies adapt to evolving market demands.