Adcom Wire Co., one of the older manufacturing plants in Nicholasville, will close in December.
The company, which makes drawn steel wire used in the making of mattress springs, employs 68 people. Adcom expects to release its employees on or about Dec. 19.
"The closure is due to a consolidation of operations," Adcom's parent company, Leggett & Platt Inc., said in a federally required notice of plant closure.
"The decision to close this operation is in no way related to the abilities or productivity of the employees at the local facility," the company said a separate news release.
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Adcom was established in Nicholasville in 1970, according to the Kentucky Directory of Manufacturers. At one time, it employed as many as 100.
One segment of business for Leggett & Platt, based in Carthage, Mo., is the production of residential commercial furnishings, said Wayne Foster, president of the Jessamine County Economic Development Authority.
"They're in furniture-related business, furniture is related to housing, and housing is in the tank," Foster said.
The company said in its news release that it is exploring several sources of assistance for employees, "including job placement services available through various outside agencies."
As elsewhere in the region and nation, Nicholasville has had its share of job losses in the manufacturing sector.
Trim Masters, an automotive supplier specializing in interior trim, announced in July that it was laying off 127 employees at its Nicholasville facility. It employs about 94 people now, Foster said.
Last year, Jackson Plastics, a plastic injection-molding company established in 1995, closed its plant in southern Nicholasville.
On the positive side, Florida Production Engineering Inc. plans to occupy the space that formerly housed Jackson Plastics, Foster said.
In July, the Kentucky Economic Development Finance Authority, which approves state tax incentives, gave preliminary approval to Florida Production in the amount of $1.4 million. The company will make plastic parts for the automotive industry.
The company estimates the expansion will cost $8 million. It is expected to add 80 jobs that pay an average hourly wage of $18, including benefits.
"Right now they're just waiting for the automotive industry to improve a little more, and they would start this operation with perhaps 25 workers," Foster said. "Whenever the economy starts to come back, they'll be putting some of their production here."
Florida Production Engineering, a wholly owned subsidiary of Ernie Green Industries, also has plants in Florida, North Carolina, Ohio and Ontario, Canada.