Natural Fiber Welding announces layoffs
Peoria-based Natural Fiber Welding is laying off approximately 10 percent of its workforce.
It's unclear how many people the layoffs impacts. A company representative says only that the company is focused on improving efficiency in their operations.
Natural Fiber Welding manufactures products using organic alternatives to plastics. The startup has landed major collaborations with fashion designer Ralph Lauren, among others.
This story will be updated.