The company that owns JPS Composite Materials has no timetable for its effort to sell the 103-employee plant in north Greenville County, despite a state layoff notice that shows the plant will close Sept. 30, a spokesman said. Handy & Harman Ltd. spokesman Roger Pondel said there is “good progress” in discussions to sell the former JP Stevens Slater plant.
Pondel said the federally required, S.C. Department of Employment and Workforce-filed notice that shows the plant will close Sept. 30 “is not a pending date for closing the plant.” He said the notice has created “confusion.”
“The company is actively engaged in discussions to sell the plant,” Pondel said. “That is their mission, and the desire and intent is to complete a transaction rather than close the plant down.”
Pondel said the JPS Composite Materials’ plants in Anderson and Statesville, N.C. are not for sale. JPS Composite materials includes the legacy Clark-Schwebel and JPS Industrial fabrics/JPS Glass operations, the company website says.
Selling the plant at Slater is “based entirely on a business decision to focus on certain of the company’s core competencies in aerospace and engineered industrial products,” Pondel said. He said the Slater plant focus is “industrial products but it is for filtration and building product sectors.”