Capacity cuts continue: Multek, The Burean Shutter N.A. PCB operations. (Around The World / Manufacturing).MINNEAPOLIS -- As first reported by pcdandm.com in June, The Bureau Electronics Group, the PCB PCB: see polychlorinated biphenyl. PCB in full polychlorinated biphenyl Any of a class of highly stable organic compounds prepared by the reaction of chlorine with biphenyl, a two-ring compound. manufacturing arm of The Bureau of Engraving, is closing its plant in northeast Minneapolis. Also, Multek (multek.com), the PCB arm of Flextronics, was planning to close its plant in suburban Roseville in July and lay off 300 workers. Dale Blanchfield, president of The Bureau Electronics Group, cited competition from Asia as the reason for the closure, the Minneapolis Star Tribune For the Wyoming newspaper, see . The Star Tribune (also Star trib or Strib, as it is often referred to) is the largest newspaper in the U.S. reported. The shutdown leaves 120 employees out of work, the Star Tribune said. A skeleton crew The term skeleton crew is used to indicate the minimum number of personnel needed to operate and maintain an item at its most simple operating requirements, such as a ship or business, during an emergency and, at the same time, to keep vital functions operating. will finish the last order and close the plant, the paper reported. "What business there is, is picked up in Asia," Blanchfield told the Star Tribune. "We just can't be competitive with what's going on What's Going On is a record by American soul singer Marvin Gaye. Released on May 21, 1971 (see 1971 in music), What's Going On reflected the beginning of a new trend in soul music. there." The Bureau had previously laid off 285 people, actions that are being contested in court, the Pioneer Press said. The union which represented workers at The Bureau is claiming that the company skipped its a mandatory 60-day notice, the paper said. Besides closing its PCB plant in Roseville, Multek will cut its PCB plant in Guadalajara, Mexico, and lay off 200 workers there. The moves were not surprising. Flextronics chairman Michael Marks told analysts on the company's mid-quarter conference call that the unit was losing money and that changes were in order. "It is my personal objective that by the end of this fiscal year, which means within the next three quarters, [Multek is] going to be at least breaking even," Marks told analysts. "And if we don't see a turnaround in demand, we're going to reduce capacity. Period." The moves mark the exit of Multek from the North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. PCB market. It closed its plant in Irvine, CA, in December and took a $100 million restructuring charge restructuring charge The expense of reorganizing a company's operations. A restructuring charge is an infrequent expense that generally results from asset writedowns or facility closings. . Multek was once the third largest PCB maker in the U.S., according to N.T. Information. |
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