Valley Processing in Bedford has closed its doors, leaving 40 of its employees out of work.
The plant, which produces custom-mixed, rubber-based compounds, ceased operations last week, following the sale of the plant.
Valley Processing was bought out by HEXPOL Compounding, which was consolidating operations which led to the Bedford plant being closed. The Bedford plant was not included in the sale.
Four years ago Valley Processing purchased Rubatex out of bankruptcy.