Mitsubishi to shut Cal. plant. (Mitsubishi Consumer Electronics America Inc.'s manufacturing plant in Santa Ana, CA.)(Audio/Video)(Brief Article)
HFN: The Weekly Newspaper for the Home Furnishing Network, February, 1997
SANTA ANA, Cal. -- Mitsubishi Consumer Electronics America Inc. (MCEA), will close its manufacturing facility here and shift its production of projection TVs to Mexicali, Mexico by the end of the year.
A statement from the company said that the transfer of production to Mexicali will eliminate a total of 380 jobs in Santa Ana and that the decision to close the facility was made because it "would significantly reduce costs."
"To survive in today's competitive audio/video marketplace, electronics manufacturers are forced to cut costs wherever possible," said Suketaka Tachibana, chairman and chief executive. "We've implemented cost savings measures in every area of our company -- at this point our only option is to take advantage of this opportunity to...
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