Less than a
year after opening with a great deal of fanfare, Siemens
Electromechanical Components corporate headquarters in
Peachtree City will be closed.
Officials
at Tyco Electronics confirmed the Siemens corporate
facility would be closed by June.
Tyco
purchased the Siemens EC division in November and decided
to shut down the Peachtree City operation because of a
duplication of services.
The move
puts approximately 200 people out of work, although Tyco
spokesperson Mary Ann Kane said the employees can
transfer to a facility in North Carolina or the company's
headquarters in Harrisburg, Pa. if they like.
The
Peachtree City facility conducted its grand opening only
last July, and the newly built headquarters will be
vacant by the end of June, Kane said.
Tyco vice
president Greg Johnson said the decision to shut down the
facility came after an intensive strategic analysis was
completed.
"The
jobs impacted are duplicative of positions already
staffed at Tyco Electronics.
The
decision in no way reflects upon the caliber of the
affected former Siemens EC employees or the contributions
they have made, he said.
Johnson
added that employees who choose not to relocate will be
offered a "generous severance package."
Kane said
the workers were notified of the closing Dec. 16 and Tyco
has not decided what to do with the physical building.
"We
should reach that decision by the time we close,"
she said.
In addition
to closing the Peachtree City facility, Tyco is also
closing plant facilities in Casas Grandes, Mexico.
Tyco
Electronics had sales approaching $8 billion last year,
according to its web page, and manufactures a variety of
products, including fiber optic lines.







Easy button Return it to long suffering taxpayers including those who have paid huge tabs to educate other people's kids…