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Toppan Optical Products calls it quits due to business slowdown: Poway plant shutters, lays off 165 as demand declines for TVs.

Publication: San Diego Business Journal
Publication Date: 27-AUG-07 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
A Poway plant that makes micro-display screens for rear-projection televisions is closing effective Aug. 30, and laying off 165 employees, citing a downturn in the market for such televisions.

Toppan Optical Products Inc., a division of Tokyo-based Toppan Printing Co. Ltd., said last week it was closing down the plant because of deteriorating business conditions.

"The reason for this plant shutdown decision is that business conditions have not improved since our March...

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