Pridgeon & Clay to close Franklin plant, layoff more workers

Sixty-six more workers at a Franklin manufacturing facility are being laid off and the company plans to close the local facility, the company reported to the state.

Pridgeon & Clay, Inc. filed a Worker Adjustment and Retaining Notification notice with the Indiana Department of Workforce Development on Monday indicating their intent to close their Franklin facility, 150 Arvin Road. The notice amended a previous WARN notice filed in May which announced layoffs at the facility.

Company officials said 125 workers would be impacted by the closure, which is expected to be permanent. It is unclear when it is effective as the notice doesn’t indicate the date, but a state website says it could occur by March 27, 2026.

The first layoffs occurred in June with six people being laid off. A second phase of layoffs occurred on Sept. 16, affecting 66 workers, the notice says.

At the time of the May notice, three waves of layoffs were expected, with the first wave affecting 13 employees. Seventy-five total workers were expected to be affected at the time, a state official said at the time.

The latest notice says the separation is not the result of a national, state or local emergency and separation and COBRA benefits will not be provided.

Pridgeon & Clay is “one of the largest independent, value-added manufacturers and suppliers of automotive stamped and fine-blanked components in the United States,” according to the company’s website. Its corporate headquarters is in Grand Rapids, Michigan, and the company has other locations in Mexico, Hungary and China.

According to city documents, on Sept. 25, 2000, the city approved a 6-year personal property and a 10-year real property tax abatements for the company. Following an expansion, the company received another 10-year real property and a 7-year personal property tax abatement on July 21, 2014.

These abatements have since run their course and there is no active tax break, a Franklin official previously said.

Pridgeon & Clay did not return a request for comment before the print deadline on Tuesday.