New Bedford instant film plant to close
October 31, 2007 09:08 AM
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A New Bedford company once owned by Polaroid is shutting down operations after failing to find a buyer.
MultiLayer Coating Technologies made the coating used for instant film, which has been largely supplanted by digital cameras.
The company plans to lay off 110 of its 176 workers Friday, another 50 next month and the rest at the end of the year.
A group of investors bought the plant from Polaroid last year, hoping to become an independent contractor with a diversified product line. (AP)
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