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Micro Component to Close Factory

MARLBOROUGH, MA-Micro Component Technology closes down its factory here. The St. Paul, MN-based company wants to consolidate its manufacturing facilities.

By Naomi Grossman | Updated on February 26, 2001

MARLBOROUGH, MA-Micro Component Technology Inc. will close its factory here. The company, which manufactures testing equipment for the semiconductor industry, is consolidating manufacturing at its plant in St. Paul, where it is headquartered.

Company CEO Roger Gower did not return calls by presstime, but in a released statement, he is quoted as saying, “Due to the significant shift in our revenue base, we have commenced the consolidation of the manufacturing and operations functions currently performed in our Marlborough, MA facility to St. Paul, Minneapolis and are implementing other cost reduction initiatives, which will result in a restructuring charge in the first quarter of 2001.”

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