Essentra, a European maker of component parts including packaging and tapes, is shuttering its facility in Moorestown, according to a federal WARN notice filed with the state, potentially costing 118 workers their jobs.
Essentra is planning to transfer operations from the facility at 1224 N. Church St. to other locations outside of New Jersey and close the facility, according to the notice filed with the state Department of Labor & Workforce Development. The company makes products including cable wires, circuit protectors and connectors at the site.
A limited number of workers could be offered the chance to transfer to those locations, the notice said. Others face a layoff date of Jan. 18, the notice said. Affected workers include cutters, folders, press operators, packers and others.
Laid-off employees will receive severance and certain benefits, including COBRA health insurance.
Essentra’s U.S. operations did not immediately respond to a request for comment.