Avisco, a long-term U.S. Department of Energy contractor based in Oak Ridge, has announced a plan to phase out of their existing contracts and eventually close the company after 30 years of operations.

In a Tuesday press release, company owner Avis A. Phillips said she decided it was time to wind down Avisco after long discussions with her family.

“I have thoroughly enjoyed all the years we’ve worked with a terrific group of clients and a wonderful team of employees,” Phillips said. “It’s the association with our great staff that makes this decision particularly difficult. I can never thank them enough.” [Read more…]