MELVILLE, NY -- Park Electrochemical reported fiscal second-quarter net earnings plunged more than 57% year-over-year to $3.3 million on restructuring charges from the closure of a plant in China.

Net sales fell 8% year-over-year to $46.4 million for the quarter ended Aug. 26,

Net earnings before special items were $5.77 million, down from $6.62 million last year. The company took $2.53 million in pretax charges related to the closure of its Nelco Technology (Zhuhai FTZ) facility. A year ago, the company recorded pretax income of $1.6 million related to settlements of lawsuits.

PCB West: The Silicon Valley's leading printed circuit design and manufacturing conference: Sept. 25-27, 2012 www.pcbwest.com