Swiss PV equipment maker Meyer Burger Technology has announced that it will reduce staffing at its production site in Colorado Springs, Colorado by 1/3, citing GT Advanced Technologies' (GTAT) bankruptcy filing on October 6th.
Meyer Burger had increased personnel at its site in Colorado Springs over the last 12 months for a joint project with GTAT involving slicing sapphire materials with diamond wire saws and diamond wire materials.
From the legal proceedings to date and customer discussions, Meyer Burger assumes that GTAT will be unable to continue the project as planned, notes Meyer Burger in a brief press statement.
The layoffs will come with immediate effect. After the staff reduction, Meyer Burger will still have 200 workers at the site.
GTAT announced a settlement with Apple regarding a dispute over the delivery of sapphire materials on October 23rd. The company plans to reduce an undisclosed number of positions in the states of Massachusetts and New Hampshire, and has already laid off 650 workers in connection with the closure of its plant in Arizona.
GTAT says that it will exit the sapphire production business, but will remain a sapphire equipment supplier.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: firstname.lastname@example.org.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.