Midcom announced it was closing its Waverly plant effective immediately. People found that their jobs were gone as they came to work. The company built transformers for telecommunications equipment. Several reasons were given for the closure. In the fast changing world of electronics newer companies were strong business competitors, Midcom's parent company, ANZA, had 2 facilities in South Dakota that were also competition. Waverly Denocrat; 14 May 1998 p1
Additional photographs and resources can be found at the Waverly Public Library on the local and family history page http://www.waverlyia.com/public-library/research/local-and-family-history-collection.aspx Accession No. 98N0014
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Midcom announced it was closing its Waverly plant effective immediately. People found that their jobs were gone as they came to work. The company built transformers for telecommunications equipment. Several reasons were given for the closure. In the fast changing world of electronics newer companies were strong business competitors, Midcom's parent company, ANZA, had 2 facilities in South Dakota that were also competition. Waverly Denocrat; 14 May 1998 p1 Additional photographs and resources can be found at the Waverly Public Library on the local and family history page http://www.waverlyia.com/public-library/research/local-and-family-history-collection.aspx Accession No. 98N0014