Regional
9:18 am
Wed December 17, 2008

REA Magnet Wire Company closes due to Economic Downturn

Las Cruces, NM – REA Magnet Wire Company recently announced the scheduled closure of its Las Cruces facility early next year. According to officials at the wire manufacturing plant the decision to suspend operations came as a result of the current and projected economic conditions. KRWG's Fernando Zamarron has this report