12-12-03 - Just in time for Christmas, one of Gainesville's largest manufacturers is closing their doors. 80 employees at the Valenite plant learned Wednesday that they will be out of a job come next March.
After almost thirty years in the community, the company is consolidating operations to their South Carolina plant.
They've been downsizing for years, going from 200 employees to the 80 there today. But Gainesville city leaders say it wasn't an easy decision and Valenite is doing everything they can to help employees with the transition, including offering severance packages.
Gainesville economic developers say they've already had some interested buyers for the Valenite plant, which they call prime manufacturing space.
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Source: University of Wisconsin Board of Regents, Adult Career and Educational Counseling Center, 2000.