Thursday, October 11, 2007

Kokomo pottery company to close in January

Inside INdiana Business reports that another time-tested Hoosier company will be shutting its doors in January:

Kokomo Sanitary Pottery has announced it will shut down by January, ending nearly 150 jobs. The Kokomo Tribune is reporting that Globe Union Industrial Corp., which purchased the company in 2003, says the company can no longer meet the prices of competitors.

The company was founded in 1932 by Max Gerber. It employs 125 hourly workers and 25 salaried employees.

The company's union contract will likely be extended until January 3.

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