Business
Riverhead manufacturing plant founded in 1929 to close in February, laying off 60
Luxfer Magtech, formerly Trutech, located on Elton Street, will close down on Feb. 28, laying off 60 people.
Business
Truetech, longstanding Riverhead manufacturing business, sold to global publicly traded company
Truetech, the Riverhead business that manufactures the flameless heaters for MREs or “Meals Ready-to-Eat” used by the U.S. military, was sold last year to Luxfer Holdings, an international publicly traded corporation based in Salford, England.
