(Lawrenceburg, Ind.) - The jobs of 176 people at the Lawrenceburg Distillery may depend on whether a recently announced sale of the distillery actually goes through.
Kansas-based MGP Ingredients, Inc. announced last week they have signed a purchase agreement to buy the distillery from Lawrenceburg Distillers Indiana, LLC for $15 million.
Current owner Lawrenceburg Distillers Indiana filed a public notice with the Indiana Department of Workforce Development on Monday detailing the possible changes in the facility’s employment level.
The federal Worker Adjustment and Retraining Notification of 1988 requires businesses to inform state and local governments of possible layoffs at least 60 days in advance.
“It is our hope that the buyers will employ many of our current employees. Therefore, it is impossible to say at this time how many employees may be affected by a sale,” LDI chief operating officer Richard Brock wrote to the department regarding the possibility of layoffs.
Brock said LDI anticipates any “separations from employment” because of the sale would come between December 20 and January 2. The sale to MGPI could be completed as early as December 20, said Brock.
An MGPI spokesperson told Eagle 99.3 Tuesday the company is not certain at this point how employment may be affected, because the deal is not expected to close until the first quarter of 2012 pending certain regulatory approval and other closing conditions.