Come July 27, the Ontario Knife Company’s factory in Franklinville, NY will be shutting down operations, leaving 56 employees out of work and the OKC legacy in question. The news dropped in the Olean Times Herald, which recounted a county-wide attempt to keep the factory running that ultimately came up short.
OKC’s parent company, Servotronics--a manufacturer of various high-tech equipment--sold OKC's remaining inventory to Blue Ridge Knives for $2.1 million, the article reports, but the sale didn't include plant or equipment.
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