Southwire LLC, a maker of wire and cable based in Carrolton, Ga., has announced that it will lay off nearly 200 workers and close its Coffeyville plant at 2412 U.S. 169 North.
The layoffs will occur periodically and the plant will close in March 2015, said company spokesman Gary Leftwich.
The company recently merged with another and is shifting some operations and closing others, including the Coffeyville plant, he said.
“It has nothing to do with the Coffeyville plant or the workers there,” he said. “It’s simply one of the tough decisions that have to be made to remain competitive in a competitive industry and deliver value for our customers.”
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The loss of a large employer will hurt, said Coffeyville city manager Gary Bradley, but he didn’t think it will be a disaster for the city, which is also home to a booming oil refinery and fertilizer plant.
“Any time you that lose a company that employs 200 people, it creates a great amount of concern,” he said, but added that local agencies would link the workers with retraining to fill openings for other local employers.
And, he said, economic developers now have a 400,000-square-foot plant to market.