Greenfield supplier reducing work force by 180-WEB ONLY

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Keihin Indiana Precision Technology Inc. in Greenfield said this morning that it will cut 20 percent of its workforce, or 180 employees, in April. The reduction is the latest measure the company has taken to adjust to declining auto sales. The supplier of fuel-injection systems to Honda Motor Co. previously imposed pay cuts, four-day work weeks and voluntary layoffs to trim costs. This is the first time in the supplier’s 20-year history that it cut jobs, the company said. The division of Tokyo-based Keihin Corp employs about 900 people in Greenfield.

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