Monarch Beverage Company selling assets, laying off 56 employees

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EVANSVILLE, Ind (WEHT) Monarch Beverage Co., Inc sent out a warn notice Tuesday regarding permanent layoffs. Monarch and EF Transit are selling their assets to Monarch Distributing, L.L.C., a subsidiary of Reyes Holding, L.L.C.

The sale is expected to close on December 11 and affects all non-union employees working at the Evansville plant. According to the warn notice, 56 total employees will be terminated December 11, or within 13 days after.

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(This story was originally published on October 27, 2020)


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