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COVID-19 pandemic blamed as U.S. refrigeration cabinet maker closes plant

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Refrigerated Solutions Group (RSG) is closing its Master-Bilt plant in New Albany, Mississippi due to business difficulties bought on by the COVID-19 pandemic. RSG announced, that after a review of its business opportunities, market conditions, and other options, the company would need to close one of its manufacturing locations.

On April 16, Standex International Corporation, Salem, New Hampshire, sold Refrigerated Solutions Group to Ten Oaks Group, Charlotte, North Carolina, for $11 million USD.

“RSG is committed to maintaining the Master-Bilt brand and will continue to support our customers, sales representatives, service agents and channel partners,” said Kevin Fink, RSG CEO. “We wish to extend our appreciation to our employees, customers, and channel partners for their support over the years of the Master-Bilt brand and throughout this manufacturing change.”

The unprecedented and major economic downturn and the governmental-forced closures of many of RSG’s food industry customers have contributed to the unforeseeable business conditions, said the company. As a result, manufacturing will be consolidated at the company’s Hudson, Wisconsin, facility by Oct. 31. A warehouse and distribution centre in Guntown, Mississippi, will continue to operate.

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