Delta Faucet cuts 70 jobs due to slowing housing market

Delta Faucet, which is headquartered in Carmel, laid off 70 full-time and temporary workers at its sprawling Greensburg plant due to anticipated softness in house construction. The action followed a December layoff of 59 temp workers.

The company, owned by Masco Corp. of Taylor, Mich., attempted to tamp down festering fears of an outright closure by saying the plant is a key operation and will remain open, according to the Greensburg Daily News.