JACKSON, MI -- Electronics manufacturing services provider
Sparton Corp. will close its manufacturing operations in Deming, NM, by March 31, the company said Monday, citing competitive issues.
The site builds cable wire harness assembly services for transportation customers. The current business climate, offshore pricing pressures and lower demand have diminished Sparton's ability to turn a profit in the cable wire harness market, Sparton said in a release.
The company expects no adverse financial impact from the site closure.
Sparton said it would complete and ship all current commercial customer orders as scheduled. Existing intra-company production will be transferred to other Sparton facilities as soon as possible.