Dexter: Business

The Dexter Leader reports that Ann Arbor Machine Co. will close on Friday after going into receivership. “Sources said the operation had been in peril of bank receivership for about six months. The business had been shedding positions as early as last October with another round of layoffs over the past couple of months eliminating anywhere from 60 to 80 positions. When the doors close 100 employees in all will have been let go as a result.” [Source]