“The workforce reduction is expected to be permanent, but idX Corp. does not plan to close the entire facility at this time,” Annie Patnaude, director of external relations for UFP Industries, said in a letter to the state.
Scott Stewart, idX vice president of commercial operations for UFP Industries, released a statement saying in part: “Economic conditions have returned to more established baselines within the normal business cycle after pandemic disruptions temporarily boosted demand for the last few years. Current market conditions have unfortunately necessitated a reduction in our workforce at the idX Dayton location
“We appreciate the contribution all our employees make and will work with the Ohio Department of Job and Family Services to provide job placement training and guidance for all affected workers.”
The company has used the former REX Electronics building at 2875 Needmore Road as a storage site, then a production site, since 2013.
Making fixtures and cabinets for stores, hospital and others is a continuation of a craft that once was well represented in Southwestern Ohio, in both Dayton and Cincinnati, Thomas Harsacky, then an idX account executive, told Montgomery County Community Improvement Corp. trustees in 2013.
Headquartered in Grand Rapids, Mich., with more than 20 offices worldwide, the company says it is one of the largest consumer environment manufacturers in the industry.
Universal Forest Products, Inc. signed an agreement to purchase idX in a deal worth $68 million in 2016. At the time, idX was worth $6 billion, having generated sales of roughly $303 million in 2015, with a presence at the time in some some 20 countries in North America, Europe and Asia.
idX customers have included Kroger, Barnes & Noble, Best Buy and other well known names.
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