Beaverton, OR - As reported by Reuters, Merix reported a quarterly loss related to a factory closure in Hong Kong, and said it will cut about 180 jobs in North America where the PCB maker is being hit by a slowdown.

For the second quarter, the company reported a loss of $5 million, compared with earnings of $1.8 million a year ago. Revenue fell 6 percent to $97.4 million.

Merix also plans to close its Wood Village, Oregon lamination operation by March 1. The elimination of the 180 jobs in North America is expected to reduce its annual costs by about $11 million.
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