A Williston company hailed just four months ago as a key to Vermont’s high-tech manufacturing future has announced it is closing its plant.
Qimonda, a global tech company that makes computer chips for computers and mobile devices like cell phones and audio players, says it expects 75 of its roughly 125 Vermont employees will lose their jobs. An additional 50 employees will be invited to move to a company plant in North Carolina.
Qimonda’s Alan Walker says the company made the decision to consolidate operations in North Carolina in hopes of gaining greater efficiencies.
Walker appeared with Governor Jim Douglas and other officials at a news conference in August, saying the company planned to grow in Vermont and needed more technically skilled employees.