DALLAS-Alcatel USA is divesting itself of three North American manufacturing plants as part of the company’s strategic initiative to better focus its resources on new product development and introduction.
Solectron Corp., the world’s largest electronics manufacturing services company, will take over the Longview, Texas, and Aguadilla, Puerto Rico, plants. They employ more than 600 people today. Sanmina Corp., an electronics contract manufacturing services company, will take ownership of the Clinton, N.C., facility, which employees more than 300 people. Alcatel plans to sell the three plants during the first quarter.
“This strategic initiative will allow us to better direct and leverage our internal resources, while continuing to provide Alcatel’s existing businesses with world class manufacturing and test services,” said Krish Prabhu, chief operating and executive officer of Alcatel. “We expect these actions to result in cost savings and operational efficiencies that will improve our cash flow and strengthen our balance sheet.”
Alcatel continues to operate manufacturing sites in Nogales, Mexico; Plano, and Richardson, Texas; and Raleigh, N.C.
