MIDDLEWAY, W.Va. - Some employees at Imation Corp. have to decide whether to accept an early retirement plan or hold out to see if the company is sold and their jobs still exist.
On Monday, Imation announced its decision to sell the metal printing plate manufacturing plant in Middleway. The company plans to close the plant at the end of the year if a buyer cannot be found.
Larry Doris, manager of the Middleway plant, said the company has several prospective buyers.
It's too early to say what jobs would remain if the company were sold, Doris said.
"The objective is to sell the plant as a viable, ongoing manufacturing operation. Part of that transition is a qualified work force to go with the future owner," Doris said. "We want to maximize the potential to retain as many jobs as possible."
The plant operated under the 3M name for 35 years, but in July 1996 began operations as Imation, specializing in computer-related equipment for the printing industry and other fields.