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Mount Sterling plant closing, more than 200 jobs lost


MOUNT STERLING, Ky. (WKYT) - A Mount Sterling plant is shutting down, taking more than 200 jobs from the area.

Regal Beloit will close a plant there next year and also another plant in central Kentucky.

They say it was a hard decision to make, but Regal Beloit Corporation will start phasing out employees in central Kentucky, preparing to close down two facilities.

212 employees are said to be affected by this phase out process both in Mount Sterling and Winchester. Those Regal Beloit Corporation facilities manufacture electric motors but will be closing their doors within the next year, slowly phasing out employees.

Officials with the Chamber of Commerce Industrial Authority say they are looking for more workers right now. Although many are losing their jobs, there are even more jobs available.

"Although it is a devastating loss to the community, we're one of the fastest growing counties in the state and number three as a matter of fact. Because of our job growth, we have almost 5,000 manufacturing jobs in our small community, and there are plenty of opportunities," said Sandy Romenesko, the executive director of Chamber of Commerce Industrial Authority in Montgomery County.

As far as the reason for these facilities closing, officials with the corporation say they are consolidating their operations with other Regal and non-Regal plants.

Regal Beloit Corporation officials tell us they'll start by phasing out 25 employees in the next 60 to 90 days in Mount Sterling.

Some industrial job opportunities in Mount Sterling are at the Nestle plant. There will be a job fair there this weekend.


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