April 16, 2014

Subscriber Login



Reser's to close in Delphos; 104 jobs lost PDF Print E-mail
Monday, July 15, 2013 9:25 PM

BY NANCY SPENCER

Herald Editor

This e-mail address is being protected from spambots. You need JavaScript enabled to view it.

 

DELPHOS — Reser's Fine Foods Inc., has announced it has plans to close the Delphos facility on Sept. 18.

The decision will leave 104 people without jobs and nearly a $1 million hole in the city’s utilities collections.

 

“This was based on economics at the specific location,” Reser Risk Management Director Linda Stock said Monday. “This was a difficult decision for our company to make and we value the contribution the Delphos team has made.”

 

If openings are available at other Reser manufacturing facilities, Delphos employees can transfer if their skill set allows. Reser has plants in Ohio, North Carolina, Kansas, Utah, Washington and Oregon.

"We will work with employees throughout the unemployment process and work with the local unemployment office to provide resource materials," Stock added.

Stock said Reser intends to sell the building.

Reser provided bankruptcy financing for Orvall Kent and parent Chef Solutions Inc. after they filed for Chapter 11 bankruptcy in October 2011.

Orval Kent and Chef Solutions reported assets and debt between $100 million and $500 million in their bankruptcy petitions, filed with the U.S. Bankruptcy Court in Wilmington, Del.

Last Updated on Wednesday, July 17, 2013 12:21 AM
 

Comments  

 
0 #1 Nancy Spencer 2013-07-23 11:29
Uh, Nancy, how about covering how the loss in utility collections will be made up? Did you ask Berquist if residents will face increased charges on water?
Quote
 

Add comment


Security code
Refresh