In a “WARN Act” (NY’s Worker Adjustment and Retraining Notification) Notification filed last week, Crucible Industries has announced that it plans to close affective March 2025. The announcement is causing shock waves in knife circles, as Crucible is a major producer of knife steel, including the uber-popular MagnaCut. According to Syracuse.com, Geddes, N.Y. — Crucible Industries warned workers Monday that it could close within months, putting the 158 workers at its steel plant in Geddes out of work. The company … Continue reading Crucible Industries announces potential closure