Also in the news . . .
Axial-gradient-index glass manufacturer LightPath Technologies Inc. (Albuquerque, NM) reported revenues of $673,677 for FY1997 (ended June 30), u𨕴% from the $200,444 reported for FY1996. Net loss for the period reached $3 million, uٴ.9% from the $2.9 million reported for 1996. . . . Tyrolit Company Inc. (Hauppauge, NY) has consolidated optical-component and assembly operations from multiple locations with a combined size of 35,000 sq ft to a single 45,000-sq ft facility in Hauppauge.