Plastech Corporation is closing its plant in Anoka and laying off all 71 of its employees.
In its letter to the state of Minnesota, the company wrote it will "permanently cease all operations and terminate all employees."
The layoffs are expected to be effective April 14.
"The equipment in that facility is very outdated," Jerry Miller, general manager of Plastech, said of the Anoka plastic injection molding facility.
The company is adding new manufacturing space to its flagship plant in Rush City, where the company is based.
"We're doing an expansion here and we're consolidating," Miller said.
Laid-off employees have an opportunity to land jobs in Rush City.
"We've offered them all jobs," Miller said.