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Article: Microsemi To Close Scottsdale Facility.
- Article from:
- Investrend
- Article date:
- October 29, 2009
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Oct 29, 2009 (FinancialWire via COMTEX) -- (Comment on this article at http://www.financialwire.net/2009/10/29/microsemi-to-close-scottsdale-facility/)
October 29, 2009 (FinancialWire) -- Microsemi Corp. (NASDAQ: MSCC), a leading manufacturer of high performance analog mixed signal integrated circuits and high reliability semiconductors, announced consolidation plans that will result in the closure of its manufacturing facility in Scottsdale, Arizona by April 2011.
The company said that the action is part of its ongoing program to reduce inventory levels and improve its overall cost structure and business model as it grows in both new and existing ...