Search Menu
Photonics Media Photonics Buyers' Guide Photonics EDU Photonics Spectra BioPhotonics EuroPhotonics Industrial Photonics Photonics Showcase Photonics ProdSpec Photonics Handbook
More News
Email Facebook Twitter Google+ LinkedIn Comments

Photran Halts Operations, Terminates Employees
Apr 1999
MINNEAPOLIS, Minn., April 14 -- Photran Corp., a manufacturer of high performance optical and electrically-conductive thin-film-coated products for the flat-panel display industry, is closing its doors and terminating its employees. The action follows a series of setbacks that left the firm without money for ongoing operations.
The move followed a decision by Photran's principal secured creditor and primary funding source to refuse to extend additional credit to the company. Over the past year, Photran terminated most of its 100-plus person workforce and pursued aggressive marketing activities in an effort to offset continued weakness in the Asian economy, the primary market for its products.

News & Features

Terms & Conditions Privacy Policy About Us Contact Us
back to top

Facebook Twitter Instagram LinkedIn YouTube RSS
©2018 Photonics Media, 100 West St., Pittsfield, MA, 01201 USA,
x We deliver – right to your inbox. Subscribe FREE to our newsletters.