Tipp City, Ohio-based Creative Extruded Products, a toolmaker and rubber fabricator specializing in precision custom profile extrusion and injection molding for the automotive automotive glass market, has announced two permanent plant closures.
The closure will impact 165 jobs at the At Creative Extruded Products plant in Tipp City, Ohio and 78 jobs located at the BTA Enterprises plant in Dayton, Ohio. All employment will cease December 31, 2021.
The decision was driven by a failed acquisition by a potential buyer. The company is believed to be owned by New York-based Quilvest Private Equity, a global independent wealth manager, that acquired Creative Extruded Products in 2017.
Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?