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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.
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.
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