ATHENS, Tenn. (AP) -- Texas Hydraulics is closing its Athens factory and eliminating 144 jobs.
Plant manager Scott Jones said the plant in the Interstate 75 Industrial Park will be shuttered by March.
The company makes hydraulic components for the construction, utility and mining industries, according to the corporate Web site.
The company has operated in Athens since 1979 and occupied its current plant since 2000.
Jones told The Daily Post-Athenian that sales at the plant are down 25 to 30 percent.
He said the company is consolidating its operations and moving all of its production to its headquarters in Temple, Texas.
(Copyright 2008 by The Associated Press. All Rights Reserved.)
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