A Newell Rubbermaid Inc. subsidiary that makes window and door hardware plans to close a plastics plant in Lowell, Ind.
Ashland Products Inc. told the Indiana Department of Workforce Development that it plans to close the facility March 31, 2013. Ashland said in a Sept. 14 notice that 66 employees will be affected by the closure.
Newell Rubbermaid spokeswoman Connie Bryant said in an interview that layoffs will begin in mid-November.
Ashland operations make more than 4,000 window and door hardware components such as latches, hinges and locks out of metals and plastics. The Lowell facility manufactures and distributes injectiion molded components for windows and doors. Ashland's other plants are in Huntersville, N.C.; Toronto; and Monterrey, Mexico.
Ashland said its plastics processes also include insert molding.
The company issued the closure notice to comply with the Worker Adjustment and Retraining Notification Act. It told workers in August that the closure is designed to match capacity with consumer demand and to centralize core capabilities into “centers of excellence.”
Ashland said it will move Lowell's manufacturing to Monterrey, which also is operating under capacity and is equipped to handle the extra work.
Huntersville, where Ashland is headquartered, will get Lowell's marketing, research and other professional positions. Lowell's distribution will be transferred to Freeport, Ill.
“This is a difficult decision to make but is a necessary step to ensure we compete effectively in an uncertain global economic environment,” Ashland said in a letter to employees.
Ashland will help transition manufacturing employees to other employment and will provide separation pay based on years of service.