Micronetics to Move Offices

National Micronetics, which anticipates a $7-million loss for the fiscal year ended June 28, will transfer its headquarters from San Diego to its main manufacturing plant in Kingston, N.Y., company officials confirmed Friday.

The computer-component manufacturer also reported that Ned Buoymaster, who co-founded the firm in Kingston in 1969, resigned as president and director effective July 14. Charles J. Lawson, a director who in April assumed the chairman’s role from Buoymaster, will serve as chairman and chief executive.

National Micronetics, which has lost more than $50 million during the past two years, also said it intends to sell its Semi Films division in New York to “reduce debt and provide working capital.” Semi Films manufactures thin film resistor networks for the electronic circuit market.