Technicolor Home Entertainment Services To Close Olyphant Plant, Lay Off 160 Employees

ByJacqueline

Technicolor Home Entertainment Services, formerly known as Technicolor Videocassette, Inc., filed a Workers Adjustment and Retraining Notification with the Pennsylvania Department of Labor and Industry earlier this month. The notice indicates the company will close its Olyphant plant at 1400 East Lackawanna Avenue on May 1. Technicolor Home Entertainment Services acquired the Olyphant facility, formerly…

Technicolor Home Entertainment Services, formerly known as Technicolor Videocassette, Inc., filed a Workers Adjustment and Retraining Notification with the Pennsylvania Department of Labor and Industry earlier this month. The notice indicates the company will close its Olyphant plant at 1400 East Lackawanna Avenue on May 1.

Business Closing

Technicolor Home Entertainment Services acquired the Olyphant facility, formerly known as Cinram Manufacturing in 2015. The plant develops video-related technologies for the entertainment and media industry.

Employee separations will begin on March 17 and continue through May 1, according to the filing. It is unclear whether the layoff is permanent or temporary.

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