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Job, Move Plans on Hold for Myrtle Beach, S.C.-Based Electronic Parts Maker.
Knight Ridder/Tribune Business News, May, 2003
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By David Wren, The Sun News, Myrtle Beach, S.C. Knight Ridder/Tribune Business News
May 1--SARS is affecting AVX's plans to cut jobs and move some of its production to countries where it can find cheap labor to help offset continuing weakness in the consumer electronics market, company officials said Wednesday.
"We continue to be optimistic, but we are forced to wait for worldwide economic conditions to improve," said AVX President John Gilbertson. To help stem financial losses, Gilbertson said AVX will "take additional steps throughout this year to ...
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