Jacksonville Daily Record 2/11/19

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MONDAY February 11, 2019 jaxdailyrecord.com • 35 cents

City signs deal with natural hair-products maker PAGE 2 Public legal notices begin on page 3

Daily Record JACKSONVILLE

Regency Square Mall could be auctioned to pay debt

ATC Corp. plans to lay off 92 workers

Daily Record JACKSONVILLE

Daily Record Daily Record JACKSONVILLE

Electronics manufacturer moving product group to South Carolina.

BY MARK BASCH CONTRIBUTING WRITER

JACKSONVILLE

Photos by Max Marbut

Most of Regency Square Mall could be auctioned off after a $162,872 judgment was levied against the shopping center owners over improvements made by a former nonprofit automobile museum.

Circuit judge orders March 21 foreclosure sale if a lien is not satisfied. BY MARK BASCH CONTRIBUTING WRITER

Most of Regency Square Mall is scheduled for auction March 21 by the Duval County Clerk of Courts after a $162,872 judgment was levied against the mall owners. The judgment was awarded to JAAMM Inc., a nonprofit company that operated the former Jacksonville Automotive & Motorcycle Museum in the former Montgomery Ward store in the mall in 2016 and 2017. The nonprofit filed a lawsuit against Regency’s owners in June 2017, saying SEE REGENCY, PAGE 2

The former Jacksonville Automotive & Motorcycle Museum planned to lease space in what once was the Montgomery Ward store at Regency Square Mall.

American Technical Ceramics Corp., a manufacturer of electronic components, plans to lay off 92 workers because it is moving a product group at its Jacksonville plant to South Carolina. A Worker Adjustment and Retraining Notification filed with the state last week said the company is moving its thin film products group to its parent company’s facility in Myrtle Beach, South Carolina. A letter with the notice sent to city and state officials said ATC still will have about 80 employees at 2201 Corporate Square Blvd. in its multilayer capacitor group. Parent company AVX Corp. said in its annual report it owns the 100,000-square-foot facility. The WARN notice said notifications have been sent out to 24 employees that will be impacted in the first phase of the move. Layoffs will begin April 5 and continue in phases, with completion scheduled for Sept. 30. ATC was an independent public company before being acquired in 2007 for $231 million by Myrtle Beach-based competitor AVX. The company manufactured electronic components used in a variety of telecommunications applications. ATC was headquartered in Huntington Station, New York, but it had major manufacturing and research operations in Jacksonville, where CEO Victor Insetta lived. The company had 287 employees in Jacksonville when it was acquired by AVX.

MBASCH@JAXDAILYRECORD.COM

Mahon re-elected chief judge Fourth Judicial Circuit Chief Judge Mark Mahon was re-elected Thursday by his peers on the bench to serve a two-year term beginning July 1 through June 30, 2021. Mahon was an assistant state attorney from 1981 to 1984 when he joined his father Lacy Mahon Jr.’s private practice. He was elected to the Florida House of Representatives in 2000. In 2007, Mahon left the private practice and the Legislature after being appointed Circuit Court Judge by Gov. Charlie Crist. Mahon was elected Chief Judge of the 4th Circuit beginning in January 2015.

VOLUME 106, NO. 60 • ONE SECTION


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