MU ramping up its testing operations at its Lehi plant:
MICRON ON A ROLL: Micron Technology Inc., in the midst of an unusually strong
cycle for computer chips, is ramping up its testing operations at its Lehi plant
faster than expected.
The company, based in Boise, now employs 350 to 400 people at the mothballed
plant built to manufacture dynamic random access memory chips. About 100 people
worked in maintenance at the plant before Micron moved some of its testing
operations to Lehi.
In February, the company said it expected to hire about 300 by February 2001 --
although Micron did tell state officials the number could be higher. The company
is almost at that number now. Grant Jones, a Micron spokesman, did not have an
exact breakdown, but he acknowledged the company may end up hiring more than 300
people.
The company said it does not know when it will begin manufacturing chips at the
plant. For the first nine months of its fiscal year, Micron reported net income
of $777.5 million, or $1.37 a share, on $4.8 billion in sales compared with a
loss of $51.5 million, or 10 cents a share, on $2.7 billion in sales during the
same period a year earlier.
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