Article: Loss Could Hit $20 Million for Rochester, N.Y.-Based Electronics Maker.

By Bob Freund, Post-Bulletin, Rochester, Minn. Knight Ridder/Tribune Business News

Jul. 2--Pemstar Inc.'s finances won't get any better in its upcoming first-quarter report, due partially to the bankruptcy of a Top 20 customer.

Chief financial officer Bill Kullback also has left the Rochester-based electronics manufacturer, the company said this morning. Director Greg Lea, a former executive with Josten's and IBM Corp., was elected interim chief financial officer.

Kullback resigned "to pursue other opportunities," the company said in a statement.

The contract manufacturer said its loss for the quarter ending June 30 likely will ...

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