Bob Evans Farms Inc. says it will immediately close a food production plant in the west-central Illinois city of Galva.

The Columbus, Ohio-company on Monday said the reasons were excess capacity and diminishing live sow market supply. The company says the closure affects about 70 employees. But some of those employees could have the chance to transfer jobs within Bob Evans Farms Inc.

Mike Townsley is president of Bob Evans Food Products. Townsley said in a news release that the closure was “a very difficult decision.” He said the company’s “business model needs to adapt to these tough market conditions.”

The company said employees are to receive severance pay.

Galva is in Henry County, about 50 miles northwest of Peoria.