Article: Wolcott, Conn., Metal Precision-Parts Maker to Build Plant in China.

By David A. Smith, Waterbury Republican-American, Conn. Knight Ridder/Tribune Business News

Oct. 8--One of Wolcott's largest private employers will open a plant in China next year, a move that follows 90 job cuts earlier this year but was necessary to keep the precision metal components company competitive globally, its president said.

Yvon Desaulniers, president of Devon Precision Industries, expects the offshore operation will be up and running within 10 months and handling about 20 percent of Devon's production. The decision follows layoffs of 30 people in March, 30 in July and 30 in August. Devon, a family-owned company that manufactures ...

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