Caco Pacific to consolidate European operations

LYON, France (Aug. 1)—Precision molder Caco Pacific Corp. will close its Lyon molding plant and consolidate its European operations, the company announced. The move, which will affect about 45 workers at the Lyon site, is part of a plan to maintain competitive prices and prompt deliveries in the European market, Caco Pacific said. The company plans to retain its Switzerland sales office and is considering several options in establishing a central service and customer support center for Europe.