webleads-tracker

Home  >  PHOTOVOLTAICS  > Hemlock Semiconductor announces layoffs, reduces production ...
  >  PHOTOVOLTAICS
Jan 16th, 2013
 
Hemlock Semiconductor announces layoffs, reduces production as a result of industry oversupply, international trade disputes
 
Hemlock Semiconductor Group announced it will lay off approximately 400 employees in Michigan and Tennessee in the coming weeks in response to significant oversupply in the polysilicon industry and the threat of potential tariffs on its products sold into China.
Send to a friend
  • Hemlock is one of the Top5 leading polysilicon suppliers.

These actions will affect approximately 300 employees at Hemlock Semiconductor's Tennessee site and 100 at its Michigan site, as the company evaluates the longer-term impact of these conditions on its business. Should market conditions persist, these layoffs could become permanent.

As a result of these decisions, Hemlock Semiconductor's Michigan site will continue to reduce production to align with current customer demand. The Tennessee facility, which is nearly completed with its construction phase, will maintain a minimum workforce focused on safely maintaining the site for eventual production. A number of factors will impact the exact timing of the start-up of the facility, including customer demand and resolution of the trade disputes.

 

 
More PHOTOVOLTAICS news

Sep 8th
Sep 4th
Aug 28th
Aug 24th
Aug 24th
 
©2007 Yole Developpement All rights reserved                  Disclaimer | Legal notice | To advertise
Yole Développement: Le Quartz, 75 cours Emile Zola, 69100 Villeurbanne, France. TEL: (33) 472 83 01 80 FAX: (33) 472 83 01 83 E-Mail: info @yole.fr