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PLYMOUTH â€” As the Pilot News first reported Thursday afternoon, Whitley Products in Plymouth abruptly ceased operations leaving more than an estimated 100 people without a job.
Last week, employees called the Pilot News to say the plant had shut down.
A member of Whitley Products management at that time said there was a supplier issue but it had been resolved.
Thursday morning, employees once again reported that the plant had shut down.
Whiltey Productsâ€™ headquarters is in Warsaw but a call to the Chief Financial Officer wasnâ€™t returned.
When a reporter initially called the companyâ€™s headquarters in reference to the Plymouth plant shut down, a receptionist told the reporter â€śnot to call back.â€ť
Eventually the following statement was released by the a management member of the Plymouth location:
â€śPlease be advised that Whitley Products, Inc.â€™s senior lender has again refused to provide the necessary funding to enable Whitley to continue its operations. As a consequence, and with great regret, we must inform you that Whitley Products, Inc. has terminated operations, effective today. For our employees, this means that their employment is terminated, effective immediately. Possession and control of all Whitleyâ€™s operating assets is now held by Keltic Financial Partners II, LP.â€ť
Similar information was posted on the door of Whitley Products.
The company specializes in tubing for diesel engines and farm equipment.