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Local News Powered by First Bank Richmond

(Richmond, IN)--Optical Disk Solutions in Richmond appears to be closing.  Company officials have not returned numerous calls for confirmation, but several employees have stated that the company in the former AVCO building on Sheridan Street has already eliminated production staff.  The rest of the staff has not been given a final date, although the lease expires at the end of next month.  35 ODS employees will lose their jobs.  That number is down significantly from the 111 the company reported when it requested a tax abatement in 2007 for $1.1 million in new equipment.  ODS manufactured CD’s and was formerly known as Sanyo.

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