The Quaker Oats Company announced Wednesday it is permanently closing its factory in Danville, Illinois, with upwards of  500 employees to be impacted.

The News-Gazette reports Mayor Rickey Williams Jr. confirmed the news to the wider community, with city officials saying:

Today, we learned that after 65 years of production in Danville, Pepsico will close Quaker Oats effective June 8, 2024.

The business has already ceased production but will continue to pay their employees through that time. While this shocks and saddens us, we will unite as a community to help those who have lost their employment.

Williams said he is unsure whether any of the affected employees are being transferred or if they are all being laid off.