10:18 AM EST - Hydrogenics Corp. : said it plans to shut down its Burnaby, B.C.-based fuel cell test products design, development and manufacturing business over the next two years. The company, which trimmed its losses to US$6.5 million from $84.1 million, said the orderly winddown of the Burnaby operations will cost between $3.5 million to $4 million and will be a hit to fourth-quarter earnings. Hydrogenics Corp.
shares T.HYG are trading down 8 cents at $1.17.