THERESA — The pallet manufacturing and heat-treating facility Thunder Pallet Inc., located in Theresa and Mayville, will permanently close by the end of October after more than four decades of operation.
“It’s been a great run,” company president Ben Mahsem said in a phone interview.
According to a news release from Department of Workforce Development, the facilities at 625 N. Menomonee St., Theresa, and at 909 River Knoll Drive, Mayville, will begin slowing down production Oct. 2 until the complete closure Oct. 31. A notice of the business closing was received by DWD on Aug. 2.
The closure will affect 46 employees — four salaried and 42 hourly positions.
Mahsem said the business is closing because of his health and the decision to close down Thunder Pallet was something that he did not foresee.
Thunder Pallet has existed since 1971. The 53,000-square-foot manufacturing area contains a warehouse and storage area in Theresa. Thunder Pallet produces stock-sized and designed wood pallets, crates and heat treating services.
Some employees have been with the company for 39 years, Mahsem said.
“I had tears in my eyes when I told everybody,” he said.
He added that his employees have been wonderful and severance packages will be offered. He said that he is proud that he has never had to lay off any employees.
Mahsem said the company’s machinery will be auctioned in November.
“I had tears in my eyes when I told everybody.” <&textAlign: right>— Ben Mahsem, president of Thunder Pallet