PCC Group Leaves Brea for Pomona
PCC Group, a computer company that suffered a $2.2-million loss from an armed robbery last year, has moved from Brea to a smaller headquarters in Pomona, the company said Friday.
Lauro Valdovinos, chief financial officer, said the company’s lease on its 45,000-square-foot headquarters expired last month. The company moved to a 20,000-square-foot building about eight miles away in Pomona last week.
He said the robbery, in which thieves tied up employees and stole computer chips, forced the company to shut down six branch offices and shrink its overall work force.
The company received an insurance settlement for $2.45 million, and police recovered $234,000 in cash and equipment from the captured thieves, but Valdovinos said the delay hurt the company. Its sales shrank from $91.8 million in the 1992 fiscal year to $75 million for fiscal 1993.
Valdovinos said the company now has 35 employees in one location, down from 150 a year ago.
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