|Siltronic to cut 350 Portland jobs||| Print ||
|Friday, March 16, 2012|
Siltronic will cease production this Fall at one of its two Portland fabs, because of the semiconductor industry's increasing reliance on bigger, more efficient silicon wafers.
The plant remains the sole U.S. outpost for Munich-based Siltronic AG and will continue to produce 200-millimeter silicon wafers. But the work from its aging 150-mm line will shift to a German factory, leaving 350 Portland workers without jobs.
Demand for such wafers, used in electronic devices, has declined as large technologies turn to options twice as large.
Although a handful of chip companies rely on Siltronic's smaller wafers, its potential market is shrinking as technology advances. And upgrading the Portland waterfront site could top $1 billion, the company has said.
Read more at OregonLive.com.
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Oregon Business magazine's 5th annual
100 Best Green Companies to Work For in Oregon
Wednesday, May 29, 2013
From Oregon Translational Research and Development Institute: OTRADI today announced its plans to open and operate a 13,000 square-foot multi-tenant bioscience complex in the Willamette Wharf building at 4640 SW Macadam Avenue. Slated to be complete in spring 2013, the OTRADI Bioscience Incubator (OBI) will house up to six companies.
MEDIAmerica, publisher of Oregon Business and Oregon Home magazines, announces a new retail website: HalfOffOregon.com. The website offers lodging, dining, recreation and many other items at half off their regular cost.
As you probably know by now, The Vernon Company is a national leader in the promotional products industry with annual sales of over $60 million. We are a family owned business, led by the fourth generation of the Vernon family.