Flagstaff-based Motor Excellence is announcing the layoffs of 16 employees so the company can better focus on getting its products to market. President Jon Mrkonich tells Flagstaff Business News, the company hopes to have its electric bike motors on the road in 2012. Motor Excellence is also working on a robotics application for a prosthetic, and a five-inch motor for prospective customers. MrKonich says their e-bike customer is traveling to Flagstaff in December to look over the latest … [Read more...] about Motor Excellence Restructuring to Focus on Core Projects
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