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News Breaks | | | | December 4, 2012 | | 14:55 EDT |  | SMTX | SMTC Corp. closing Markham, Ontario manufacturing facility by mid-2013
The board and management of SMTC Corporation announced that it was planning to close its Markham, Ontario manufacturing facility by mid-2013. This decision was made due to continuing weak financial performance at this facility in comparison to the Company’s other locations. The Company will continue to maintain its corporate headquarters in Markham. At the time of filing of this report on Form 8-K the Company has not determined an estimate or range of estimates for associated exit costs. An amended report on Form 8-K will be filed at that time. | |
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