Herff Jones Inc. plans to close its Education Division, ending employment for 130 employees, the company disclosed in a notice to the state posted Monday by the Indiana Department of Workforce Development.
Indianapolis-based Herff Jones said the move would result in the permanent closure of a facility at 4719 W. 62nd St., where 110 production, support and administrative employees work. The other 20 employees work in Park Ridge, Ill.
The company said employees would be let go during two separate two-week periods, one beginning Sept. 9 and the other Nov. 14.
The company cited “current and projected business needs” as a reason for the closure.
A company official did not return a phone message left Monday seeking comment on the closure.
The Herff Jones Education Division, also known as Herff Jones/Nystrom, makes maps, globes, atlases, social studies products and reading materials for classrooms.
The Nystrom name comes from the A.J. Nystrom Co., an atlas and globe maker that was founded in 1903. Herff Jones acquired Nystrom in 1973 and sold it soon afterward. It acquired it again in separate pieces in 1989 and 1995.
Herff Jones is one of the 20 largest companies in Indiana, according to IBJ research, with $737 million in revenue in 2013. The company has about 4,000 employees, with about 450 in Indiana.