Engineered Plastics Components Closing Owensboro Facility

A plastic facility that employs dozens in Owensboro has announced it will be closing in October, according to sources.

In a statement obtained by Eyewitness News to employees at Engineered Plastic Components dated July 13, President and CEO Reza Kargazadeh addressed the closing:

"Due to the recent loss of sales in Owensboro and the inability to secure sufficient replacement business, we find it necessary to close our Owensboro, Kentucky facility. At this time the plan is, for Owensboro to close sometime between October 18 and October 31, 2017.

EPC is coordinating with the Kentucky Rapid Response Disclosed Workers Unit to provide you with pertinent information regarding unemployment claims, jobs searches, skills assessments, career counseling, and training opportunities.

I would like to thank each of you for your hard work and dedication since we purchased Owensboro in 2011, and wish you the best in your future endeavors."

Eyewitness News has made phone calls to EPC, but we haven't been able to reach the company. 

EPC owns facilities in several states across the U.S. and Mexico.

According to EPC's website, the company specializes in plastic molding and foaming.

EPC's closing announcement is the latest in a series of layoffs and closings to hit the Owensboro area. It's a startling trend some hope ends soon.

"You, kind of, feel bad for the people that work there," says Zane Taylor, who worked for a short time at the Industrial Drive plant. he says he wasn't very surprised at the plant closing. But with more businesses and stores closing, or planning to close, Taylor worries how it affects the local economy.

"It is, kind of, concerning when you see a lot of businesses, whether they be big chain stores or even small mom and pop shops, that seem to be closing and laying a lot of people off, then that's causing a lot of heartache on the community itself," Taylor says.

Daviess County officials say early 70 workers are expected to be impacted by the shut down. Company officials sited a loss of sales and an inability to find sustainable replacements.

"Any time that you lose jobs in the community, it's not just jobs you're talking about, it's people's lives, people's livelihoods," says Daviess Co. Judge Executive Al Mattingly. He says the county's unemployment rate is still lower than the state's. While economic officials work with area businesses, advanced calls to them from companies about closings are rare.

"Very seldom do we get a call that says, 'I'm having a particular problem. We're getting ready to move.' And if we got that call, we would see if there was something we can do to help," Mattingly says.

 


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