Delta Industrial Valves in Niles is closing
A tool manufacturer in Southwest Michigan will be closing it's doors later this year, and a lot of people are going to be effected.
A spokesperson says Delta Industrial Valves is shutting down. The company has been operating in Niles for about 30 years.
In a statement, the company says the decision was made because of the change in oil prices and wildfires in Alberta, Canada last year.
The plant makes products for mineral,oil and gas, and power industries. About 60 people will be impacted by the closure.
The parent company, Weir Group, issued this statement:
"The decision to close the Niles facility is a difficult one and reflects the challenges in Delta Industrial Valves' oil sands markets as a result of the oil price downturn, further compounded by the Alberta wildfires earlier this year. We will do all we can to support our people during this time and are actively looking for opportunities for some employees to transfer to other Weir Minerals US facilities. There will be no impact to the service offered to Delta Valves customers."
The Weir Group, based in Scotland, purchased Delta back in 2015. The company has facilities in 70 countries employing 14,000 people.
The Niles plant is expected to be shut down by the end of June.