Lower fuel prices have turned out to be a bad thing for scores of Maine employees.
Midstate Berkshire, a company that provides prescision components to the oil industry and others is now laying off 250 employees here in Maine.
The company says it has seen a 30 percent drop in demand for its products over the last year.
70 employees have already been laid off and a total of 250 will lose their jobs by the time the Waterville facility closes by years end.
It plans to consolidate the Waterville operation with its facilities in Winslow.
The company hopes to rehire some of those workers once the market conditions improve.