Texas Instruments to sell Italy plant, shut Portuguese plant

Abilene Reporter News: Business

<script language='JavaScript1.1' src='http://adsremote.scripps.com/js.ng/params.richmedia=yes&site=ABIL&vgncontent=NW_BUSINESS&pagetype=SECTION&adsize=468x60&PagePos=1'></script><noscript> <A HREF="http://adsremote.scripps.com/click.ng/params.richmedia%3Dyes%26site%3DABIL%26vgncontent%3DNW_BUSINESS%26pagetype%3DSECTION%26adsize%3D468x60%26PagePos%3D1"><IMG SRC="http://adsremote.scripps.com/image.ng/params.richmedia%3Dyes%26site%3DABIL%26vgncontent%3DNW_BUSINESS%26pagetype%3DSECTION%26adsize%3D468x60%26PagePos%3D1" BORDER="0" ALIGN="BOTTOM"></A> </noscript>

     Home     News     Obituaries     Sports     Dallas Cowboys     Features     Entertainment     Opinion     Classifieds

NEWS

Local

State

Nation / World

Business

» Columns
» Local Stocks
» Personal Finance
» Windmill Monthly

Education

Military

News Quiz

Obituaries

Political

Weather

Search by ticker symbol or company name for a quick quote:

Archives

Friday, November 20, 1998

Texas Instruments to sell Italy plant, shut Portuguese plant

Texas Instruments Inc. said it will sell a plant in Aversa, Italy, and close its semiconductor-assembly venture in Porto, Portugal, a decision the company blames on the Asian economic crisis.

The shutting of the Portuguese operation, which is a joint venture with South Korean company Samsung Electronics Co., will result in the loss of 740 jobs.

Texas Instruments said the closing of its Portuguese venture, called Texas Instruments Samsung Electronica Portugal Lda., is expected by March 31.

Send a Letter to the Editor about This Story | Start or Join A Discussion about This Story

Send the URL (Address) of This Story to A Friend:

Enter their email address below:

texnews.com
Reporter OnLine
Local News
Business

Copyright ©1998, Abilene Reporter-News / Texnews / E.W. Scripps. Publications

  Search current site:


  Search archives for:


Marketplace

<script language='JavaScript1.1' src='http://adsremote.scripps.com/js.ng/params.richmedia=yes&site=ABIL&vgncontent=NW_BUSINESS&pagetype=SECTION&adsize=120x600&PagePos=1'></script><noscript> <A HREF="http://adsremote.scripps.com/click.ng/params.richmedia%3Dyes%26site%3DABIL%26vgncontent%3DNW_BUSINESS%26pagetype%3DSECTION%26adsize%3D120x600%26PagePos%3D1"><IMG SRC="http://adsremote.scripps.com/image.ng/params.richmedia%3Dyes%26site%3DABIL%26vgncontent%3DNW_BUSINESS%26pagetype%3DSECTION%26adsize%3D120x600%26PagePos%3D1" BORDER="0" ALIGN="BOTTOM"></A> </noscript>

© 1995- The E.W. Scripps Co. and the Abilene Reporter-News.
All Rights Reserved.
Site users are subject to our User Agreement. We also have a Privacy Policy.

<script language="JavaScript1.1" src="http://adsremote.scripps.com/js.ng/params.richmedia=yes&site=ABIL&vgncontent=TOP_JOBS&Section=top_jobs&PagePos=2"></script>