CRESTON, Iowa (AP) - A longtime manufacturing plant in southern Iowa plans to close its doors and lay off nearly 80 employees.
Gits Manufacturing says it will shut down its Creston headquarters and move development staff to an Urbandale location. Mayor Warren Woods said Wednesday that the company sent him a letter this week with the news.
The affected positions will be cut in five stages between November and June 2014.
Gits Manufacturing makes oil cups and other lubrication devices. Product production will be relocated to plants in Mexico and China.
The Creston plant has been around for nearly 70 years. Gits Manufacturing, a subsidiary of Actuant Corporation in Wisconsin, declined to comment Wednesday.