News Article
Bookham 'consolidates' Ottawa Ahead Of Schedule
Bookham Technology has completed execution of a major cost reduction initiative four months ahead of the original target. The initiative involved consolidation of its two main wafer fab facilities, following the acquisition of the Nortel Networks Optical Components businesses (NNOC).
Bookham Technology has completed execution of a major cost reduction initiative four months ahead of the original target. The initiative involved consolidation of its two main wafer fab facilities, following the acquisition of the Nortel Networks Optical Components businesses (NNOC).
Production previously carried out at the Ottawa wafer fab facility in Canada, acquired through the acquisition, has been consolidated into the company's Caswell facility in the UK. By completing this consolidation ahead of schedule, the company should start seeing the full impact of the closure in Q4 2003.
The closure of the Ottawa fab has impacted 200 employees, of which approximately 75% have now left the company. The remainder are expected to transition out as they gradually complete fab shut-down duties by the end of the year. The company will maintain an R&D and customer support presence of 70 employees in a separate nearby facility in Kanata, Canada.

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