FRANKFORT, Ky. (10/1/13) – Goldenrod Dairy started over 80 years ago as the U.C. Milk Company. After years of playing a vital role in the Madisonville community, Goldenrod Dairy will be closing its doors in 60 days.
“We informed the union leadership and employees at our Madisonville, KY plant today that Borden will close its Madisonville facility and consolidate regional operations at the company’s facility in London, KY,” said Fred Stern, Spokesperson for Borden. “We anticipate the Madisonville plant will close within 60 days. These changes are to improve our operating efficiencies and enhance our competitiveness.”
This closure will cost about 140 jobs.
“This has been a difficult decision. We appreciate the union’s input as we wrestled with this decision, and we are working with them to negotiate a closing agreement,” said Stern. “We are committed to working hard to lessen the impact on affected employees and intend to offer a severance package for those employees who remain with the company until the plant closes.”
From the 1920s – 1990s, U.C. Milk went through a tremendous growth, buying out other companies and expanded its markets to Indiana and Tennessee.
“For decades Goldenrod Dairy has played a critical role in the community’s viability, providing good paying jobs for hardworking women and men and contributing to a better quality of life for the residents of Madisonville and Hopkins County,” said Mayor David Jackson. “The news that production will cease and the Madisonville plant will close is disappointing. It has been an incredible part of Madisonville’s history and a testament to the commitment of the local workers. My heart goes out to every worker and family affected by this decision. This is, no doubt, a very difficult time, but I am hopeful for these women and men.”
Even though the Madisonville facility will be closing, Borden and Goldenrod products will continue to be available to retailers.
“We have already been in touch with the Pennyrile Area Development District and Madisonville-Hopkins County Economic Development staff and we are working with them to get the Rapid Response Team in place to assist employees with training and other needs,” said Jackson. “Our main concern now is trying to work with the employees and their families to make the transition as smooth as possible. However, I will continue to work diligently for much needed investment in our local economy and bring good paying jobs like these back to our city.”
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