SANTA ROSA, CA-One of Sonoma County's largest employers, Agilent Technologies, has shelved for now a fourth building on its new corporate campus in the Airport Corporate Center. The company makes test and measurement equipment for telecommunications networks.

Two office buildings on the campus site have been completed and occupied and a third manufacturing building is nearly complete. A fourth building planned for the 19-acre site will sit on the drawing board until economic conditions improve.

In a related move, the company has cut about 15% of its temporary work force and adopted other cost cutting measures, according to area experts. Agilent has more than 5,000 regular employees, but does not disclose the size of its temporary workforce.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.