Richardson Electronics shares fall 1.13% intraday after announcing $8.5 million capital investment in Illinois.

Richardson Electronics, Ltd. declined 1.13% in intraday trading, with the company announcing an expansion of its operations at its manufacturing headquarters in La Fox, Illinois. The company plans to make a capital investment of more than $8.5 million over the next four years, retain nearly 200 skilled employees, and create 54 new jobs.