September 2, 2016

Briefcase: Sept. 2, 2016

CLOSINGS

Athletic-apparel maker Pearl Izumi USA Inc. will shut down its division that designs and manufactures shoes and apparel for runners in January to focus solely on its division that makes apparel for bicyclists. The Louisville-based company will eliminate six jobs. Some employees that lost jobs in the running division will join four new employees in the cycling apparel division. Pearl Izumi, a subsidiary of the Shimano Group, built its world headquarters at 101 S. Taylor Ave. in the Colorado Technology Center in 2013. Pearl Izumi employs 234 people worldwide, with 134 of those in Louisville.

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