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Article: Los Angeles Golf Manufacturer Cuts Staff, Will Be Delisted.
- Article from:
- Knight Ridder/Tribune Business News
- Article date:
- September 13, 2002
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Copyright informationCOPYRIGHT 2002 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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By Mike Freeman, The San Diego Union-Tribune Knight Ridder/Tribune Business News
Sep. 13--Coastcast Inc., a Los Angeles-area maker of golf-club heads for Carlsbad's Callaway Golf Co. and others, yesterday said its stock will be delisted from the New York Stock Exchange and it has slashed its work force by 80 percent since March.
The company, which manufactures club heads in Tijuana and Mexicali, said it cut its work force from 5,688 employees in March to 1,124 by the end of August.
It has closed two of its four factory buildings in Mexicali. The company also put 40 percent of its large manufacturing building in Tijuana on the market, ...
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