Complex sentence: The lock company finally went out of business in 1975, due to a strike from the remaining employees, the employees were honored for over 65 years of laboring work in the towns 175th annual birthday.
Split into simpler sentences: The lock company finally went out of business in 1975, due to a strike from the remaining employees. The employees were honored for over 65 years of laboring work in the towns 175th annual birthday.