Also in the news . . .
3M Co. will close its Bragg Grating Technologies plant (Bloomfield, CT) and cut staff at Specialty Optical Fibers (West Haven, CT) as part of a consolidation move to Austin, TX. . . . Requiring extra manufacturing capacity, AFO (Fremont, CA) will move to a nearby new 55,000-sq ft facility in the first quarter of 1999. . . . Rifocs Corp. (Camarillo, CA) has relocated to a larger, 32,000-sq ft plant across town to house its 64 employees. . . . To accelerate development of DWDM products, LightChip Inc. (Salem, NH) has raised $7 million in financing led by AT&T Ventures (Basking Ridge, NJ), Lightpath Technologies Inc. (Albuquerque, NM), and the company`s seed investors. . . . ITF Optical Technologies (Montreal, Quebec, Canada) has expanded its Dallas/Fort Worth, TX, operations to meet growing demand for its DWDM products.
W. Conard Holton