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Boston Metal to Lay Off 71 Employees Following Industrial Accident in Brazil

GREEN STEEL

Boston Metal, a Woburn-based sustainable metal production company, plans to lay off 71 employees due to an industrial accident at its Brazilian facility on January 30. The incident caused a critical equipment failure, halting operations and preventing the company from meeting a key financing milestone, resulting in financial difficulties and job cuts. The layoffs will take effect on March 14.

Boston Metal to Lay Off 71 Employees Following Industrial Accident in Brazil
Feb 24, 2026, 10:13 AM

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