Ontario Knife Co. in Franklinville sold, 56 employees to lose jobs

Just a heads up for any of you who like OKC knives, you might want to pick a few up while they’re on the shelves, as it looks like they may have an uncertain future. From the Olean Times Herald:

“FRANKLINVILLE — The Ontario Knife Co. has been sold to an out-of-state interest and is expected to close by the end of the month, the Olean Times Herald learned Thursday.

The move would put 56 employees of the Franklinville cutlery out of work effective July 27. Ontario Knife makes tactical, outdoor and home edged products. Before moving to Franklinville, the company had its roots in Naples, N.Y., where it was founded 134 years ago.

The parent company, Elma-based Servotronics, which is primarily involved in manufacturing aerospace components, announced plans to sell Ontario Knife on March 30.”

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