Grand Rapids, Mich. — Lacroix Electronics, a France-based electronics designer and manufacturer, announced plans to shut down its Grand Rapids plant by the end of the year, resulting in layoffs for more than 100 employees. The decision is part of a broader strategy to exit the North American market amid rising uncertainties.
The company cited a deteriorating business outlook and ongoing geopolitical tensions, specifically the threat of additional U.S. import duties, as key factors influencing the move. These challenges have created significant uncertainty regarding future demand for its products in the United States.
Lacroix currently operates two North American facilities: the Grand Rapids site located on Michigan Street NE near Ball Avenue NE, and another plant in Juarez, Mexico. Together, these sites employ more than 1,200 workers.
The closure of the Grand Rapids plant marks a significant shift for Lacroix Electronics, which has been a notable employer in the region. The company aims to complete its North American exit by the end of the calendar year.
