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      More than 50 to lose jobs when Perrysburg company closes

      Video Products Distributors (VPD IV Inc.) has sent the state of Ohio a notice that it will cease operations following a sale of its assets and will close sometime around the beginning of October.

      A Perrysburg company will close later this year, putting dozens of employees out of work.

      Video Products Distributors (VPD IV Inc.) has sent the state of Ohio a notice that it will cease operations following a sale of its assets and will close sometime around the beginning of October.

      The company said all of its 54 Ohio employees will be terminated by the close date.

      READ: Unemployment drops to lowest level since September 2008

      VPD, which is headquartered in California, distributes DVDs, Blu-rays, and games. It currently operates two facilities: at the Ampoint Industrial Complex, 668 1st Street in Perrysburg, and at 400 F Street.