PlantClosing
Latest
Dell to shutter US plant, cut 900 jobs, generally mess up someone's holiday
A report just crossing the wires says that Dell is slated to close one of its US manufacturing plants and cut about 900 jobs -- though that's a pittance compared to the approximately 76,500 workers Dell employs. The company's Winston-Salem, North Carolina desktop production facility will shut down come January 2010, though Dell says around 600 employees will hit the road in November -- just in time for the Holidays. The company says the closure is "part of an ongoing initiative to enhance the long-term value it delivers to customers by simplifying operations and improving efficiency," or as we'd put it, "it looks good on the books." Obviously this isn't the happiest news for the employees being cut, but it's also a familiar tune given the economic events of the past year.
Field Emission Technologies' purchase of Pioneer plasma plant comes up short
If you are feeling the pinch of the current economic climate in your HD-related purchases, you're not alone -- Field Emission Technologies, the Sony spin-off that has been talking up field emission displays (FEDs) for some time now, has run into some money problems of its own. The company was supposed to purchase the plasma manufacturing plant Pioneer abandoned when it exited the plasma manufacturing biz earlier this year, but has now pulled out of the deal because it could not raise the necessary funding. Worse yet, Pioneer is now left scrambling to try and find work for the 180 workers who were supposed to convery with the plant. Looks like the FED medical and broadcast markets may have to wait longer still for those first models, but based on the history of this technology and its close cousin SED (surface-conduction electron-emitter display) cousin, that's nothing new.
Nokia to pay German state ???1.3 million to settle Bochum dispute
Germany wanted $6.2 million in research subsidies back from Nokia, and in addition to the "tens of millions" that the company has already relinquished after the highly-disputed Bochum plant closing, it'll be coughing up another €1.3 million ($2.04 million) to hopefully close the door on the matter. Said payment will be addressed to North Rhine-Westphalia, which was quite angry after the handset maker decided to hack 2,300 jobs from Germany and relocate operations to Romania for "lower labor costs." The sum here is in addition to the €20 million "Growth for Bochum" foundation that the outfit started, but apparently that show of goodwill didn't really change the hearts of those already bitter.[Via PhoneScoop, image courtesy of Reuters]
Hynix set to close its Oregon plant, cutting 1,100 jobs
It may have once talked about toppling both Intel and AMD within a decade, but South Korea's Hynix looks to have been knocked back on its heels a bit amid a general downturn in the DRAM market, and it's now taken the rather drastic step of closing down its plan in Eugene, Oregon, eliminating some 1,100 jobs in the process. As EE Times points out, that move is at least partly due to the fact that 300mm plants are ramping up faster than expected, making 200mm plans like the one in Oregon far less cost effective to operate and, apparently, too expensive to upgrade. There's also the little matter of some tariffs the United States had imposed on Hynix, which it was able to avoid thanks to its plant in Oregon, but which now appear to be set to expire. For its part, Hynix denies that has anything to do with the plant closing, and it adds that it is still looking at ways to "have a presence" in Eugene.[Via The Wall Street Journal]
Germany wants $6.2 million in research subsidies back from Nokia
As if being on the hook for $92 million wasn't enough, Nokia is now being chased down for what looks to be another €4 million or so, which comes out to just over $6.2 million. This time, the German government is "demanding" that Nokia repay said amount in research subsidies now that it is closing its factory in Bochum. Reportedly, the German Research Ministry gifted the cellphone maker with €4 million in order to "fund four separate research projects dealing primarily with new antennae and wireless transmission technology," and now it's asking Nokia to "explain by early April which patent filings resulted from the projects and which German production or research sites benefited from the results of the projects." So much for basking in the glory of Q4, eh? [Via IntoMobile, image courtesy of Reuters]
German state after $92 million in subsidies, interest from Nokia
Looks as if Nokia's going to be using a portion of that gigantic profit it raked in during Q4 to appease NRW.Bank -- unless a meeting it hopes to establish within the next few days changes matters, that is. Apparently, a German state has "asked" the handset maker to hand back government-issued subsidies (with interest, no less) that it received to build a cellphone factory in Bochum which it now plans to close. In sum, Nokia's looking at a tab of $92 million, as the folks in the industrial Ruhr region are none too pleased about what will likely result in the loss of some 2,300 jobs. Purportedly, the cash is due by March 31st, and if Nokia refuses to comply, the bank has stated that it will "take legal action to secure payment." Them's fightin' words there.
