News

Konstant Products closing; buyer sought for Quincy facility

Posted: Jun. 5, 2012 4:19 pm Updated: Jun. 26, 2012 5:15 pm

By DOUG WILSON
Herald-Whig Senior Writer

Konstant Products Inc., is expected to close its doors Friday after 28 years as a Quincy manufacturer.

"We can't comment, but have been told to refer people to our headquarters in Canada," a receptionist at the Quincy plant said today.

Executives with Konstant did not immediately return phone calls.

The company manufactures heavy-duty racks used in warehouses at 2009 Jennifer Lane.

Konstant employed 78 full-time workers in 2009 after laying off nine employees and closing the second shift, due to a slowdown in business during the recession. Company workers say employment has declined since that time.

Charles Bell, a consultant with the Great River Economic Development Foundationn, said GREDF has been seeking companies that are interested in taking over the factory or hiring the employees.

"We're optimistic we can keep those jobs in this area," Bell said.

Konstant managers previously told reporters the company had seasonal layoffs as the demand for racks varied with the seasons and with the nation's economy.

 

-- dwilson@whig.com/221-3372

 

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