|Reser's to close in Delphos; 104 jobs lost|
|Monday, July 15, 2013 9:25 PM|
BY NANCY SPENCER
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|