Pexco LLC, an Atlanta-based plastics extruder-manufacturer announced the closure of its West Columbia plant, leaving 147 full-time workers unemployed.
According to a news release, Pexco will exit the plastics sheet business to focus on profile extrusion and specialty plastics, after Plaskolite, Inc. of Columbus, Ohio, purchased the sheet extrusion assets and order book.
"This has been a difficult decision but a necessary one for our overall business," said Pexco CEO Neil Shillingford. "Pexco's core business is specialty plastics and profile extrusion. Extruded sheet has been a bit of an anomaly for us and after an in-depth review we have decided to sell this line of business and focus on our core capabilities."