Multi-Color Corp to close Kansas operation, 65 layoffs


Multi-Color Corp. is closing its Kansas City-area location, laying off 65 people.

According to a Tuesday WARN Act filing in Missouri, the layoff would occur by March 31. A spokesman with the Missouri WARN office said the facility was shutting down completely.

An employee at the facility in Platte County said the location had been bought out and was closing its doors. The facility is at 1800 N.W. Vivon Road in Northmoor.

According to its website, Multi-Color (Nasdaq: LABL) produces labels for home and personal-care products; food and beverage containers; and wine and spirits. The company is based in Batavia, Ohio, which is where the Kansas City employee referred questions about the buyout.

A call to the company was not immediately returned.

In its most recent Securities and Exchange Commission    filing, the company reported $102.6 million in revenue for the three months that ended Sept. 30, compared with $90.6 million for the same period a year prior. The company reported $4.75 million in earnings for the same period, down from $5.75 million.

Source: Biz Journals