Ontario, Canada-based IKO a supplier of roofing and related products has announced that the company has decided to shut down its Edgemoor asphalt shingle manufacturing plant located in Wilmington, Deleware facility. The closure will impact 67 employees.
The decision was purely economic as the aging shingle manufacturing facility became too costly to continue operations.
A company spokesperson noted, “The plant has not been profitable, and it’s been a while coming to this pass. We looked at all of the available options for the site to determine what made the most sense before we arrived at this decision. Logistically, it was a plant that was more expensive to operate and to service. In addition, it is the oldest and smallest of our manufacturing sites.
Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?