Gossen Corp. to cease operations, eliminating 92 jobs

Company filed for receivership in October

Glendale-based Gossen Corp. will cease operations and terminate all 92 of its employees after filing for receivership Oct. 14.

The company will be closing its facilities at 2030 W. Bender Road and 1700 W. Cornell St. and the termination of all employees is effective immediately, according to a letter court appointed receiver Michael Poksky sent to state officials last week.

The plastic fabrication company made deck, porch, railing, home exterior and interior millwork products. Polsky’s letter says the company was actively seeking capital investment to avoid closing but was unsuccessful.

Gossen’s assets will likely be sold through receivership proceedings and the letter said the company’s objective is to find a buyer to hire all or substantially all of the employees. The company had 76 people in general labor positions, accounting for most of the affected positions.

Milwaukee Workforce Development Area Rapid Response will offer services to the affected business and workers.

Arthur covers banking and finance and the economy at BizTimes while also leading special projects as an associate editor. He also spent five years covering manufacturing at BizTimes. He previously was managing editor at The Waukesha Freeman. He is a graduate of Carroll University and did graduate coursework at Marquette. A native of southeastern Wisconsin, he is also a nationally certified gymnastics judge and enjoys golf on the weekends.

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