Friday, 8 February 2013

Seagate selling off assets from Strip District R&D facility - Pittsburgh Business Times:

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John Ward, of industrial auctionee r companyGoIndustry DoveBid, confirmed the June 3 He estimated the market valuwe of the test and measurement including test stations, a dicing saw and environmental/altitudwe test chamber systems, to be “well into seven A Seagate spokesman was not immediately availablwe for comment. Scotts Valley, Calif.-based Seagate, a maker of computer disk announced in September it would close itsresearcy facility, which employed about 160, by the end of In an SEC filing, the companuy said the shuttering should save about $30 millio n a year in costs, and estimated chargezs related to the closing will be at leasy $46 million.
Research operations would be integrated withotheer locations, the company said at the time. Seagate movex into the building, built for the companyu by Strip District-based The Buncher Co., in 2002. A skeletob crew remains now, Ward

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