MILWAUKEE (CBS 58) -- A longtime Milwaukee landmark could be saved by a last-minute buyer, which would also save dozens of jobs.
Earlier this week, Maynard Steel announced the company is unable to continue after more than a century at its 27th Street location.
An attorney representing Maynard Steel told the Milwaukee Journal Sentinel they're close to an agreement with a buyer for the company. And that buyer would also hire all 77 employees that are at risk of losing their jobs.
It comes after a warning earlier this week the plant will shut down in December and all employees would be laid off.
That notice was sent Monday to the state's Department of Workforce Development and Milwaukee mayor Cavalier Johnson.
Back in May, a Milwaukee judge put the company in receivership; a third-party attorney tried to sell off assets in a last-ditch effort to survive in some form.
But there were no takers, and so Maynard Steel planned to close in December and take dozens of Milwaukee jobs with it.
"We regret having to make the decision," the letter says, "however, business and industry circumstances leave us no alternative."
But two days later, the email obtained by the Journal Sentinel Wednesday reads, "The Plant Closing Notice was sent out of an abundance of caution in case the sale does not happen for some reason."
The potential sale was not mentioned in the original letter.
We had reached out to multiple attorneys at the firm that sent the letter, including the attorney who emailed the Journal Sentinel, but did not receive a response.