Rebecca Kimitch reports today that the infamous foundry, Gregg Industries, is closing in May and laying off more than 200 employees in the process.

Apparently, the company is losing more than half a million dollars a month, and just can’t afford to stay open anymore.

Of course, the closure brings mixed reactions from the public. El Monte Councilman Art Barrios told Kimitch the closure is “devastating.” Others, however, may not be as sympathetic.

The foundry has been the target of complaints for years, with neighbors alleging that Gregg has failed to remedy odors and emissions coming from the plant, which sits on eight acres on Hickson Street.

I’m sure no one, though, is rejoicing at the idea of hundreds of job losses.

It’s yet to be determined what will happen to the site once Gregg closes.