Sunday, February 24th, 2019

MEMC to cut 20 pct of work force, lower production (AP)

AP – MEMC Electronic Materials Inc. will eliminate about 20 percent of its work force and cut production, slashing costs as it deals with weak demand in the solar energy and chip markets. It also cut its outlook for the current quarter.

Speak Your Mind

Questions or comments? We'd love to hear from you!