After 80 years of doing business in Rochester, Sentry Safe will be closing up shop on Linden Avenue by June 2016, Time Warner Cable News has learned. This latest decision comes after the once family-owned company was bought by Master Lock Company in July last year for $117.5 million, the Democrat and Chronicle reports.
Master Lock Company has decided to move SentrySafe’s operations to Oak Creek, Wisconsin and Nogales, Mexico, where Master Lock has existing operations. Moreover, the Democrat and Chronicle further reports that Master Lock Company will also be shutting down a plant located in Cannelton, Indiana.
In an official statement released by the Master Lock Company to the Time Warner Cable News, they wrote, “This decision has been made to help us remain competitive in the marketplace by eliminating excess capacity in our domestic supply chain. We are optimizing our operational footprint by consolidating locations and adding meaningful scale to other existing facilities.”
Meanwhile, Master Lock Company Director of Corporate Communications Elizabeth Castro has also told the Democrat & Chronicle, “We will have open positions at The Master Lock Company headquarters in Oak Creek, Wisconsin. as well as other opportunities throughout our organization. Some employees have already been offered positions and relocation opportunities. Other offers will be made to the most qualified individuals.”
News10NBC reports that there is a lot of sadness in Rochester, especially that around 350 SentrySafe employees have already been notified that they shall be losing their jobs in a matter of months. In addition, WHAM ABC13 has also learned that the positions will start being reduced by January 2016 while Master Lock plans to have the Rochester plants completely closed by June 2016.
A portion of a press statement released to WHAM ABC13 from Master Lock Company also says, “We continue to believe that SentrySafe is a great fit for Master Lock as both companies deliver iconic brands with strong market share, consumer awareness and significant potential to leverage the brands globally.”
Meanwhile, Pittsford Town Supervisor Bill Smith tells News10 NBC that he would like to do what he can to help. He says, “I plan to reach out to SentrySafe to see what, if anything, we can do at the town level to facility re-employment of employees of Sentry.”
According to its Facebook page, SentrySafe has been offering various kinds of safes for data, document, home, business and gun protection since 1930. Meanwhile, Master Lock’s history dates back to 1921 when it began to manufacture high quality padlocks and other security products. Moreover, Master Lock proudly proclaims on its website that it is a proud supporter of American jobs.