GRESHAM, OR-Fujitsu will shutter and liquidate its 545,000-sf semiconductor manufacturing facility here after ceasing production in January, the company announced Thursday afternoon. Aside form the plant’s size, details on its Gresham real estate holdings — and whether a brokerage will be retained to handle the disposition — were not immediately available.

The Japan-based company says the closure “reflects the continuing slump in the worldwide semiconductor market” that has forced the company to “reorganize its worldwide manufacturing structure to eliminate surplus flash memory capacity, a process that unfortunately requires the closing of the Gresham plant” and shifting operations to a manufacturing facility in Aizu-Wakamatsu, Japan, which it co-owns with AMD.

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