P&G to shutter Hamilton subsidiary iMFLUX, laying off 122 workers

A Hamilton-based plastic molding subsidiary of Procter & Gamble Co. has informed Ohio it will shut down its local factory and lay off 122 workers.

iMFLUX, which provides plastics-making technology for manufacturers, notified Ohio officials the layoffs will take effect June 30. The company notified the state Office of Workforce Development via an April 28 letter. P&G has also told its landlord it will not renew its lease of iMFLUX's facilities after it expires in November.

P&G officials told The Enquirer they are seeking to place as many of the affected Hamilton employees elsewhere within the company. They have also offered severance packages to workers who can’t be assigned elsewhere.

Located at 3550 Symmes Road in Hamilton, iMFLUX makes advanced injection molding technology and equipment. The subsidiary was founded in 2013 to develop cheaper and more environmentally-friendly packaging and plastic parts for the parent company – which makes Tide laundry detergent, Pampers diapers and other consumer products – and outside customers. Among P&G’s 106,000 employees, nearly half work with one of the consumer products giant’s 23 factories in the U.S. or 81 factories in 35 other countries.

P&G officials said the parent company has decided it couldn’t grow iMFLUX under its current business model. The company said it it will transition the subsidiary into more of a research and development operation that will sell its technology through outside vendors and other methods using a small team within corporate.

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This article originally appeared on Cincinnati Enquirer: P&G to shut iMFLUX plastics subsidiary, cutting Hamilton 122 jobs