Freescale Semiconductor, post private equity buyout, seems to have made an important committment to its Scottish wafer fab at East Kilbride where over 1,200 people are employed.
According to a report in the Sunday Herald, Denis Griot, senior vice-president and general manager for Freescale in Europe, indicated that the Scottish fab was integral to Freescale's business strategy and no job cuts were planned.
The firm has invested around $17m in the facility in the last 12 months including the installation of a new wafer line. "We are growing. The European business represents 25% of our global business," said Griot.
One senior Freescale executive told EW that his post-private equity buyout strategy was to make the East Kilbride plant as valuable and indispensible to the chip maker as possible.
These comments from Griot would seem to indicate that that strategy is having some early success.
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