Besse Forest Product Group, producer of hardwood veneer and plywood, is shuttering three facilities, reports WAOW.

The three Wisconsin locations are in Mattoon, Rice Lake and Goodman and will result in the loss of 136 jobs.

“The WARN Notice letter was filed with the Wisconsin Department of Workforce Development on Thursday, August 1 and the locations closed the next day.

“In the letter from Besse Forest Product Group, it said, ‘We are sorry we were not able to give you more notice. However, due to an unprecedented industry downturn, it has recently become clear to the company that the revenues of the company will no longer support its operations. After exploring restructuring alternatives, we have determined that Wisconsin Veneer and Plywood will cease operations. Therefore, we are providing as much notice of the closing as is practicable in the circumstances, pursuant to federal and state WARN laws.’”

Source: WAOW.com