Georgetown, Indiana (AP) Georgetown Metal Processors, one of the biggest producers of high-end metal processing equipment in the country, has announced it will shut down its operation on Friday, citing the Brexit referendum that has pushed the United Kingdom to the brink of leaving the European Union.
Georgetown Metal, which has plants in Louisville, Kentucky and Columbus, Ohio, employs 1,300 people, and the company had said it would be shuttering in 2019.
The company’s website says the company has “over 50 years of experience manufacturing and delivering high-quality products and services to clients across the U.S. and abroad.”
“We have always worked with our employees to support their economic well-being and to provide the highest-quality service, and we appreciate the outpouring of support from our loyal customers,” the company said in a statement.
“We remain committed to our employees and our employees, who we know have been extremely loyal and supportive during this difficult time.”
Georgetown Metal’s closure comes amid a political campaign that has been polarizing the United States, where the Leave campaign has vowed to pull out of the European Economic Area (EEA), a trading bloc with the EU.
In June, the president of the U, Donald J. Trump, signed an executive order that called for the U to withdraw from the EU and renegotiate its relationship with the bloc.