Adcom Wire Co., located at 220 Stephens Drive, will cease its Nicholasville operations on or before Dec. 19, Wayne Foster, Jessamine County Economic Authority Director, said Friday.
“The reason they gave is it’s a consolidation of their operation,” Foster said. “What I’m trying to find out now is how many locations were consolidated and get the specifics on that.”
Some 68 employees — 46 support, nine clerical/administrative and 13 management and supervisory positions — will be without a job less than a week before Christmas, but Foster said the company is working with its employees for the transition.
“They are required to do this under the Worker Adjustment and Retraining Act,” Foster said. “What the state does is they take that information and they start trying to work with them and train the workers on how to look for jobs and how to write resumés and that kind of information to help them transition from having employment to being unemployed.”
Adcom Wire’s parent company is Leggett & Platt, located in Carthage, Mo.
According to a company statement, “affected employees will receive at least 60 days of pay and benefits from the date they receive formal notice of the closure.”
According to the statement, the company is a “leading manufacturer of a wide range of engineered products serving several major markets including residential and commercial furnishings, industrial materials and specialized products.”
The Nicholasville plant produces drawn steel wire.
The plant has been in Nicholasville since the late 1960s or early 1970s, Foster said.
“They were one of the first plants,” he said. “They’ve been in the community a long time.”