Ohio-based LSI Industries has announced it will close its Manchester subsidiary, LSI Marcole, effective April 2. The closure will result in the loss of 43 jobs, the company statement said.
Established in Manchester in 1993, LSI manufactures wiring harnesses for a variety of electrical appliances.
"It was a very tough decision for us to make," LSI’s chief financial officer Ron Stowell was quoted, "but the economics of that facility just were not working for us."
Over the six months ending Dec. 31,...
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