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Article: Allegro MicroSystems plans cuts.(MONEY)
- Article from:
- Telegram & Gazette (Worcester, MA)
- Article date:
- October 10, 2009
CopyrightCOPYRIGHT 2009 Worcester Telegram & Gazette. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Stephen H. Foskett Jr.
WORCESTER - Allegro MicroSystems Inc., which manufactures and sells integrated circuits used in everything from cars to printers, said yesterday it will phase out its Worcester wafer fabrication operations by mid-2012, resulting in the elimination of 190 jobs.
Allegro, headquartered at 115 Northeast Cutoff, said it will transfer its wafer fabrication activities to Polar Semiconductor Inc. in Bloomington, Minn. PSI is owned by Allegro's parent company, Sanken Electric Co. of Japan.
The move will reduce costs and, according to Allegro, will give the company access to "advanced process technologies" the ...