BAK Closure to Leave 261 Unemployed

BAK Industries is closing its two San Fernando Valley locations resulting in the elimination of 261 employees. In a letter to the state’s Employment Development Department, Mark Hickey, executive vice president of operations, said the employees will be terminated as of Dec. 10 from the locations at 720 Jessie St. in San Fernando, and 21200 Lassen St. in Chatsworth. “This will result in the elimination of 62 positions at the San Fernando plant and the elimination of 191 positions at the Chatsworth plant, and these terminations are expected to be permanent,” Hickey stated in his letter. Attempts to reach Hickey were not successful. He did not state in the letter why the plants were closing but did indicate that general production, office and management staff would lose their jobs. BAK manufactures and distributes truck bed covers and accessories. It is a division of Truck Hero Inc., in Ann Arbor, Mich., an aftermarket supplier and online retailer for the truck and jeep market. Truck Hero was acquired early this year by CCMP Capital Advisors, a New York private equity firm.