Delta Faucet cuts 70 jobs due to slowing housing market.

Delta Faucet, which is headquartered in Carmel, laid off 70 full-time and temporary workers at its sprawling Greensburg plant due to anticipated softness in house construction. The action followed a December layoff of 59 Delta temp workers in the city between Indianapolis and Cincinnati.

The company, owned by Masco Corp. of Taylor, Mich., attempted to tamp down festering fears of an outright closure by saying the plant is a key operation and will remain open, according to the Greensburg Daily News.