LOUISVILLE, Ky. (WHAS11) -- Dozens of people will be losing their jobs at one local company in Louisville at the end of the year.
"It was a shock to all of us," said Steve Vessels.
Vessels has worked at Solae for 17 years. He and his co-workers just found out Wednesday they will no longer have a job at the manufacturing plant on South Floyd Street near the University of Louisville at the end of the year.
"We've always been like a family," said Vessels. "We've worked together, we've relaxed together, we've shared each other heart aches as well as their joys."
Officials at Solae say the plant, which makes soy based industrial products, will close entirely because there has been a decrease in demand for their product.
"Ultimately, it is an under-utilized plant," said Brad Jenkins, the plant manager. "The products that we make and the markets they go into have been impacted by the economy and therefore the volumes that needed to be produced have left us in an unfortunate situation of being underutilized."
The plant is a neighbor of the University of Louisville and the company's giant silos can be seen from Interstate 65 with a 'University of Louisville" banner hanging from them. But now the roughly 50 people who work at Solae's Louisville plant will have to find new jobs.
"We're just going to have to search for a cloud that has a silver lining and see if we can extract it," said Vessels. "It's not going to make the world quit turning; it might make it slow down for some more than others. But, we just have to keep our heads up and stay positive."