Spotlight: Imagyn to Close Laguna Niguel Plant, Cut 40 Jobs

Medical products maker Imagyn Medical Technologies Inc. said it will close its Laguna Niguel manufacturing facility and move operations to its Costa Mesa plant, dismissing about 40 Orange County workers. The job cuts are part of 120 layoffs systemwide for the Newport Beach-based company, leaving it with a total work force of about 980, Imagyn said. The company expects to save about $18 million annually. The steps are part of its plan to integrate a number of acquired companies and technologies.