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ORANGE COUNTY, CA-Park Electrochemical, whose regional office is based in Fullerton, has announced plans to spend up to $50 million to remodel a local plant and another facility in Newburgh, NY.

The international electronics concern is expected to complete the Fullerton project in January, according to a Park spokeswoman. The company’s Fullerton facility makes printed circuit boards and other computer components.

Though the upgrades are costly, the company says savings in production costs and improved cycle times, product quality and yields will offset the outlays.

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