Siemens to close facility in June

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Siemens to close facility in June

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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.

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