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Nelco Layoffs to Hit California

Written by Mike Buetow
Monday, 15 September 2008
MELVILLE, NY – Park Electrochemical Corp.’s Nelco Products business will cut an unspecified number of jobs at its Fullerton, CA, laminate manufacturing site. The company expects to take a third-quarter charge of $100,000 for employment termination benefits. Earlier, Park announced plans to close its digital laminates production plant in France, and also trim some operations at its microwave materials plant there. The company spent some $50 million to upgrade its US plants in 2000.

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