Master-Bilt’s manufacturing facility in New Albany is closing permanently, the company has announced.
“Refrigerated Solutions Group today announced that after a full review of its business opportunities, market conditions and other options, it reached the difficult but necessary decision to begin the process of permanently closing its manufacturing facility located in New Albany, Mississippi,” a statement from the company says.
The statement added, “Unfortunately, the COVID-19 pandemic has caused sudden, dramatic, and unexpected conditions outside of the company’s control. The unprecedented and major economic downturn and the governmental-forced closures of many of RSG’s customers have contributed to these unforeseeable business conditions.”
Product manufacturing will be consolidated to RSG's Hudson, Wisc. facility by Oct. 31. The RSG warehouse facility in Guntown will remain an ongoing warehouse and distribution operation.
“RSG is committed to maintaining the Master-Bilt brand and will continue to support our customers, sales representatives, service agents and channel partners,” said CEO Kevin Fink.
Fink continued, “We wish to extend our appreciation to our employees, customers and channel partners for their support over the years of the Master-Bilt brand and throughout this manufacturing change.”
In business for over 80 years, Master-Bilt manufactures a complete line of refrigerated coolers and freezers for commercial foodservice applications.
Master-Bilt’s markets of specialty include restaurants, institutional settings, small footprint retail and convenience stores.
Master-Bilt was recently sold by Standex Refrigerated Solutions Group of Salem, N.H. to Ten Oaks Group of Charlotte, N.C.