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***Statement released through management at Whitley Products in Plymouth***
"Please be advised that Whitley Products, Inc.'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 Whitley's operating assets is now held by Keltic Financial Partners II, LP."
The Pilot News called Whitley Products headquarters in Warsaw. A reporter was told "not to call back" after asking about the Plymouth location.
More will appear in Friday's Pilot News.