Nikko Materials to shut copper foil facility in Arizona; 220 to lose jobs

Dec 21, 2005 | 02:30 PM | Kevin Foster

Nikko Materials USA Inc. plans to close its U.S. copper foil subsidiary, Gould Electronics Inc., by April, eliminating 220 jobs.

"The closing is necessitated by continued depressed U.S. market conditions, competitive world pricing and the historically high cost of copper," David P. Burgess, president of Gould, said in a statement.....

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