A subsidiary of Canada-based Samuel Roll Form Group has set the timetable for closure of its plant in Gary. In a notice to the state, Stanrail says the closure will affect about 100 employees.
The company says layoffs will occur in five waves beginning in October with the final wave expected to occur at the end of February of 2017. Stanrail says the entire plant will be permanently closed.
A specific reason for the closure was not given in the notice to the state. The company only said, "business conditions have been changing rapidly." Stainrail manufactures plug and sliding doors, nailable steel flooring, uncoupling levers, and roofs for rail boxcars.
Stanrail previously announced the closure in July of 2015, though a firm date had not been set. Our partners at The Times of Northwest Indiana reported at that time the closure was due to the plant’s age, under-utilization and a drop in demand for boxcars.