Kinze Manufacturing announced Monday that they would be laying off 121 employees company wide. The Williamsburg-based company that makes agriculture equipment cited a second straight year of low commodity prices and the price of new equipment as reasons for the cuts.

Last June, Kinze cut 215 employees and implemented 30 hour work weeks to try and avoid more job losses. The latest round of job cuts will be effective June 18th.

[via CBS2]

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