BY BEN WHEELER at Herald-Citizen
A facility closure in Shelbyville, Kentucky will lead to the addition of jobs at Ficosa in Cookeville.
"While the decision to close our Kentucky facility was a difficult one, current business conditions in the automotive sector makes it critical for Ficosa to make this strategic move to increase operational efficiency and provide a sustainable model for future growth," said Joan Canellas, Ficosa North America's Chief Executive in a press release. "We recognize the effect this move has on our employees, and we are working with them to minimize the impact."
The closure will reportedly bring over 100 new jobs to the Cookeville facility, with employment being offered to employees affected by the closing.
It is unclear as to when these jobs would begin migrating to the Cookeville facility. Ficosa representatives did not return requests for comments as of press time.
The $50 million Cookeville facility opened in 2016 after the closure of Ficosa's Crossville facility. Roughly 60 percent of the Crossville employees transferred with Ficosa when they moved to Putnam County.
As of November 2018, company officials had said the facility had hit over 600 employees and had planned to rapidly expand the 300,000-square-foot facility to 900 employees.