Fluor Unit Wins Lockheed Work Worth $42 Million
Daniel International Corp., a Northern California subsidiary of Irvine-based Fluor Corp., has been awarded two contracts valued at a total of $42 million by Lockheed’s missiles and space subsidiary.
The contracts call for Daniel to build a 54,000-square-foot metals processing facility that will provide room for cleaning and painting space vehicles as well as a 96,000-square-foot “anechoic” facility with rooms that simulate the environment of outer space. A spokesman for Fluor said that both projects will be built in Sunnyvale and are expected to be completed by April, 1987.
Just four months after opening an Orange County facility, Megatronics Inc., a Tempe, Ariz., manufacturer of equipment used to make and refurbish printed circuit boards, announced that it will lay off the bulk of its employees in Anaheim.
Company spokesman Glen Hines said the move to reduce its staff to eight from 32 is a result of slow business.
“I guess the large computer and semiconductor companies have decided to put off their capital purchases,” Hines said. “The sign was there on the horizon, but being a small operation maybe we didn’t see it as fast as we should have. We are not very long on management here.”
The company intends to liquidate its inventory of used printed circuit board manufacturing equipment at its Anaheim facility and apply the cash generated from the sale to expand its solder-coating operations, also housed in the Anaheim plant.
Megatronics said it estimates a pretax loss of about $200,000 from the sale of the used equipment. The company had $1.3 million in revenues last year.
MSI Data Corp. said Wednesday that it has introduced a new portable data terminal, the second in a family of three for the Costa Mesa company. Designed to function with a host computer, the PDT I will be the least expensive model, less than $500, according to a company spokesman. MSI’s portable data systems consist of bar code scanners that are often used in simple memory tasks such as recording supermarket inventory or patient information in hospitals. MSI expects to introduce the more expensive PDT III in August. The PDT I is battery operated and weighs less than 18 ounces.