Kuhlman Electric Corp., a large Versailles employer since 1969, expects production to end and most employees to be laid off by June 30.
The company, which had about 200 employees before the announcement earlier this year, will lay off about 70 on May 1, CEO Tom Minnich said Friday.
The factory shutdown comes after Kuhlman sold part of its transformer production lines to Power Partners Inc. of Athens, Ga. The remaining lines will be moved to other locations of ABB Ltd., a Swiss company that bought Kuhlman in July.
Minnich did not know the exact number of employees to be laid off as of June 30. Some, he said, will be staying after that for plant cleanup and shipments.
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The company's headquarters, employing at least 40 people, will remain in Versailles, Minnich said.