Pancon Corp. is shuttering its injection molding facility in Temecula, Calif., and laying off 59 workers at its headquarters in East Taunton, Mass., effective Nov. 17.
In Temecula, 43 workers will lose their jobs. The plant manufactures precision components such as insert-molded electrical interconnects, housings, lead frames and electronic modules and other product for automakers and their tier suppliers. The 28,000-square-foot facility has horizontal and vertical injection molding machines ranging from 60-245 tons, according to Pancon's website.
Notices of the permanent plant closure and layoffs were filed with each state as part of the Worker Adjustment and Retraining Notification Act.
Emails and phone calls by Plastics News seeking additional comment from Pancon representatives were not returned.
Pancon is a global manufacturer of cable connectors and polymer capacitors used by a wide range of industries including automotive, appliance, medical equipment, power supply and control, and other commercial and industrial sectors. The company is owned by investment firm Milestone Partners LLC in Radnor Township, Pa.