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.

Feb 24, 2026, 10:13 AM