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California materials engineering company Boyd Corp. plans to close its Northeast Portland factory and lay off 40 beginning April 4. The company said it will offer some employees the option of transferring to other sites or to work remotely.

Boyd notified state authorities of its layoff plans Monday. It didnt explain why the facility is closing and didnt immediately respond to a message seeking additional detail.

Boyd describes itself as focused on developing new high-tech materials for medical, industrial, aerospace and other components.

The Portland jobs slated for elimination are primarily production-related, according to Boyds notice to the state. The companys website describes the location as dedicated to making foam materials for aerospace customers.

Boyd also operates an injection-molding facility in Beaverton.

Layoffs have been extremely rare over the past year as businesses rebounded from the pandemic recession. Oregon, like the rest of the nation, is enduring an extreme labor shortage. The states jobless rate, 4.2% in November, is near a historic low.

-- Mike Rogoway | mrogoway@oregonian.com | Twitter: @rogoway |

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Engineering firm will close NE Portland factory, lay off up to 40 - OregonLive