[lbo-talk] Seagate plans media substrate plant in Malaysia

uvj at vsnl.com uvj at vsnl.com
Mon Dec 11 06:36:41 PST 2006


Reuters.com

Seagate plans media substrate plant in Malaysia http://today.reuters.com/news/articleinvesting.aspx?view=CN&storyID=2006-12-07T072130Z_01_KLT004431_RTRIDST_0_SEAGATE-MALAYSIA-URGENT.XML&rpc=66&type=qcna

Thu Dec 7, 2006

JOHOR BARU, Malaysia, Dec 7 (Reuters) - Seagate Technology (STX.N: Quote, Profile , Research), the world's biggest computer disk drive maker, plans to set up a plant in Malaysia to make substrates for storage devices, Chief Executive William Watkins said on Thursday.

The plant will create 2,500 new jobs when it is fully operational, Watkins said in the southern Malaysian town of Johor Baru at a function to announce Seagate's first plant in Asia for the manufacture of aluminium substrates -- the base platters used in the assembly of hard disk drives.

© Reuters 2006. All Rights Reserved.



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