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                    [ArticleID] => 105831
                    [Title] => Economic woes take their toll on Norkis, another Cebu firm
                    [Summary] => CEBU – The economic crisis has taken its toll on two big companies in the cities of Mandaue and Lapu-Lapu.


Norkis Trading Corp.’s Yamaha motorcycle assembly plant in Mandaue and the American firm Xante Corp. at the Mactan Export Processing Zone (MEPZ) are expected to shut down soon, leaving at least 3,000 people without jobs.


The assembly plant will close on Dec. 3, while the American firm has already notified the zone authority of its impending closure.


                    [DatePublished] => 2000-11-23 00:00:00
                    [ColumnID] => 133272
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XANTE CORP

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                    [ArticleID] => 105831
                    [Title] => Economic woes take their toll on Norkis, another Cebu firm
                    [Summary] => CEBU – The economic crisis has taken its toll on two big companies in the cities of Mandaue and Lapu-Lapu.


Norkis Trading Corp.’s Yamaha motorcycle assembly plant in Mandaue and the American firm Xante Corp. at the Mactan Export Processing Zone (MEPZ) are expected to shut down soon, leaving at least 3,000 people without jobs.


The assembly plant will close on Dec. 3, while the American firm has already notified the zone authority of its impending closure.


                    [DatePublished] => 2000-11-23 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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abtest

Economic woes take their toll on Norkis, another Cebu firm

November 23, 2000 - 12:00am

CEBU – The economic crisis has taken its toll on two big companies in the cities of Mandaue and Lapu-Lapu. Norkis Trading Corp.’s Yamaha motorcycle assembly plant in Mandaue and the American firm Xante...

Nation