TOLLAND — Gerber Scientific will sell one of its facilities as well as cease production of flatbed printers immediately, as part of the company’s efforts to restructure and streamline its business and cut costs. Gerber officials are also deciding whether to make more job cuts as part of those efforts.
The company has agreed to sell its South Windsor facility by July 1, and will lease back a portion of it from the new owners for a year. The $6.8 million proceeds will be used to reduce outstanding corporate debts.
Gerber will also stop production of UV flatbed printers as it focuses more on apparel and industrial businesses. It will however provide service and support for its printers for at least five years. Production of thermal products such as the EdgeFX printer, Omega software and specialty graphics materials will continue.
President and CEO Marc Giles said the company could no longer justify the costs of the printer line due to a market that hasn’t improved since the end of the recession. The company said its actions will result in cost savings of about $3.3 million.
If additional job cuts are okayed they could result in annual savings up to $4.3 million. Giles said during the third quarter that about 400 jobs had been eliminated since the 2009 fiscal year through March 3 — roughly 20 percent of the company’s workforce.
ROGERS — Rogers Corp. is continuing its expansion into Asia, as its Advanced Circuit Materials Division (ACMD) opened a new production facility in the Suzhou Innovation Park in Suzhou, China, on April 13.
The new production facility is expected to increase Rogers’ global capacity for its RO4000 circuit laminates by nearly 50 percent. The laminates are used as the printed circuit boards for power amplifiers in 3G and 4G cellular wireless communication systems.
Rogers invested $20 million in the new facility — the company’s sixth in China — which houses manufacturing, engineering, quality control and customer service functions.
Rogers’ initial foray into China took place in 2002 with the opening of a manufacturing facility for its ENDUR division. Four other factories were added to the industrial park between 2004 and 2010.