Ontario knife closing ?

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Saw a post that Ontario Knife was bought by another company and the New York State factory will close. Can anyone confirm?
 
Some discussion going on here.
 
 
https://www.bradfordera.com/news/on...cle_d933f436-226f-11ee-b41d-3b85ff13f489.html
The parent company, Elma-based Servotronics, which is primarily involved in manufacturing aerospace components, announced plans to sell Ontario Knife on March 30.
The sale has been made to a Virginia-based distributor, Blue Ridge Knives.
The sale was “lightning fast,” Wiktor said.
The move would put 56 employees of the Franklinville cutlery out of work effective July 27.
 
Some discussion going on here.
Let's keep this all in one thread, please.
 
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