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Positronic is spending $2.5 million on new equipment at its 1325 N. Eldon Ave. plant.
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Positronic is spending $2.5 million on new equipment at its 1325 N. Eldon Ave. plant.

Positronic investing $2.5M into northwest Springfield plant

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Positronic Industries Inc. is investing $2.5 million into its northwest Springfield plant as the manufacturer consolidates portions of its operations in Mount Vernon and Puerto Rico.

Company President and CEO John Gentry said the investment would pay for new equipment at its 1325 N. Eldon Ave. plant. The manufacturer of electronic connectors and cable assemblies plans to hire 90 new employees at the plant located near Springfield-Branson National Airport, in addition to workers brought in from its other North American facilities.

Springfield Business Journal previously reported Positronic’s plans to consolidate the majority of its Mount Vernon operations to Springfield. The Springfield Business Development Corp. on March 1 highlighted the Queen City expansion plans in an investor brief e-newsletter. Positronic worked with SBDC to secure local tax abatement for the new equipment purchases at its North Eldon Avenue plant.

Gentry said this morning that 40-50 people still work in Mount Vernon in molding operations. It had employed 120 before the decision came last year to merge component manufacturing northeast to Springfield.

Gentry said some workers could relocate to Springfield by way of Puerto Rico.

“It’s a winding down process,” he said of the Puerto Rico plant. “We’re still in negotiations with Puerto Rican authorities and some personnel down there to see where this leads.”

Gentry said the negotiation process entails re-evaluating the use of its Puerto Rico plant and assets, as well as the cost of rent. Positronic may continue to manufacture components in Puerto Rico, pending the discussions, he said.

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