ATLANTA (Jan. 23, 2:50 p.m. ET) — Diversapack of Monroe, LLC is expected to close its doors March 5, according to a Worker Adjustment and Retraining Notification Act Notice released by the Ohio Department of Job and Family Services on Jan. 4.
The closing of the Monroe, Ohio manufacturing plant will result in a mass layoff of 173 employees and no union or collective bargaining agreement is in place. The closure is expected to be permanent.
A representative from the corporate office could not be reached for comment.
The Monroe facility specialized in contract manufacturing that served the health and beauty, food and beverage, industrial and military markets for Fortune 500 companies like Procter & Gamble Co., Kraft and the U.S. Army. The contract manufacturer's offerings include form, fill and seal flexible packaging, specialty filling lines for niche products and testing parameters with the help of on-site microbiologists and analytical laboratories. Two other contract manufacturing facilities remain in Batavia, Ohio and Chino, Calif.
Founded in 1993, Diversapack has experienced shifts in management and ownership over the past few years. The Kristel family assumed 49 percent ownership in the company in 2008 and a new CEO, Andrew Young III, was announced in May 2011, replacing former president Woodrow Hall. Diversapack acquired contract manufacturer Universal Packaging Systems of Chino, Calif., in 2011 according to the company's web site.
In addition to contract manufacturing, the packaging solutions company houses flexible packaging and co-packing divisions in a total of nine manufacturing facilities throughout the country. The corporate headquarters is located in Atlanta while administrative services and offices are based in Commack, N.Y. Other manufacturing locations include Cincinnati, Ohio; Marengo and Romeoville, Ill.; Orland, Ind.; Sanford, N.C.; and Tyrone, Pa.