The company, based in Alabaster, said recently that Worker Adjustment and Retraining Notification (WARN) Act letters have already been issued.
“Predominantly, pricing in the last month or so is what made the market so difficult,” CFO Tony Bogolin said, adding that it is assisting those impacted by the closure with job search resources.
Jesse Creek CEO Scott Spears concurred, noting that the company is committed to minimizing the impact of the decision for all involved. “We intend to do all that we can to assist the employees with their transition and to provide outplacement services,” he said.
Neither indicated if the closure is permanent or if a maintenance crew will remain on-site.
According to federal data, just one Jesse Creek facility, the Piney Woods preparation plant, is currently active.
