Roanoke Times Copyright (c) 1995, Landmark Communications, Inc. DATE: THURSDAY, May 10, 1990 TAG: 9005100310 SECTION: VIRGINIA PAGE: B4 EDITION: STATE SOURCE: DATELINE: HILLSVILLE LENGTH: Short
Senior Vice President Tom Browne said domination of the aluminum capacitor market by Asian manufacturers forced the consolidation.
The layoffs are scheduled to start near the end of June and will be completed before the end of the year. Browne predicted that some jobs would continue at the Hillsville plant.
Sprague opened its Hillsville plant in 1961. It had about 700 employees during the early 1970s, but its work force has gradually declined since then.
Browne said Sprague is negotiating with parties to buy other product lines, and expects to keep some manufacturing work of its own at the plant.
- Southwest bureau
by CNB