The Herff Jones Inc. facility in Adams County will close on Oct. 31, according to the Pennsylvania Worker Adjustment and Retraining Notification website.
The notice says 140 workers will be affected by the closing of the Gettysburg facility at 525 Boyds School Road, Cumberland Township.
Comment from the company was not immediately available this morning.
According to the company website, Herff Jones was founded in Indianapolis in 1920. Initially manufacturing class rings, it added other education memorabilia and learning materials over the years.
"Although both publicly and privately held throughout its history, the company became 100% employee-owned in 1995," the site says. Its yearbook division lists the Gettysburg plant as one of five production facilities; the others are in Kansas City, Kan.; Montgomery, Ala.; Winnipeg, Manitoba, Canada; and Logan, Utah.
Indianapolis-based Varsity Brands Inc. is the parent company of Herff Jones, and a Reuters story last week quoted unnamed "people familiar with the matter" as saying Varsity is exploring a sale of the whole corporation that could fetch up to $1 billion.