Massachusetts’ struggling economy is taking another hit as yet another factory prepares to close its doors — this time before Halloween.
Following a series of factory shutdowns earlier this year, the state had hoped for some positive economic news. Instead, Coffee Holding Co. has announced plans to close its West Andover factory by the end of October, a move that will cost dozens of good-paying jobs.
The company pointed to the decline in grocery store shelf space for regional coffee brands as a major factor. Many retailers are increasingly favoring national brands, a trend that’s been well-documented across the industry…