NIAGARA FALLS, N.Y. (WKBW) — A Niagara Falls silicon plant is shutting its doors, putting 100 people out of work. Globe Specialty Metals will be suspending production operations at its Highland Avenue plant starting December 30th.

Globe's parent company, Ferroglobe PLC, announced the move Thursday. Ferroglobe is, "the world's leading producer of silicon metal." The Niagara Falls plant produces up to 27,000 tons of silicon metal each year.

In a press release, the company's CEO said, "The decision to suspend production at the Niagara Falls plant was difficult given the unquestioned commitment of the plant's employees." Pedro Larrea went on to say that the shutdown of the plant followed the company's recent announcement that some production adjustments would be coming.