Supplier news 11-01

Citing the economic downturn in North America, X-Rite Inc. announced it will eliminate 60 jobs throughout its business. The company, which employs about 720 people, expects to save $3.5 million a year on the reductions. In other company news, X-Rite has named John E. Utley chairman of the board. Utley has served as a director since November 2000 and replaces Ted Thompson, one of the company's founders, who is retiring after more than 45 years with the company.