Graphite company GrafTech leaving Parma - Cleveland 19 News Cleveland, OH

Graphite company GrafTech leaving Parma

GrafTec is expected to leave Parma by the end of the year. (Source: WOIO) GrafTec is expected to leave Parma by the end of the year. (Source: WOIO)
PARMA, OH (WOIO) -

The city of Parma is about to suffer a major blow. A huge employer is packing its bags and heading elsewhere.

GrafTec is expected to leave the city by the end of the year.

Monday 19 Action News reporter Paul Orlousky received a copy of a letter in which the company notified the state of Ohio that it plans a mass layoff in Parma.

The move is expected to be a  million-dollar hit to city budget. 

The facilities in Parma house high paying jobs including the CEO, Executive Staff and Research and Development labs.  

The state got four notices of job losses and we're told the total number of employees affected could be close to 200, with some being transferred.

Layoffs are expected to begin at the end of November with 35, and continue monthly.  

Mayor Tim Degeeter says he is preparing for it.

GrafTech has been in business since 1886 operating under a variety of names. 

According to its website the company built the National Carbon Company Parma Research Laboratory in 1956 in Parma. The $6 million facility has been expanded several times, most notably in 1965 when a pilot plant was added and the facility's name was changed to Parma Technical Center.

Though the company is leaving Parma, the company says they hope to stay in the Cleveland area.

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