Semitool to cut costs by temporarily shutting down

Tools

By The Associated Press

Story Published: Dec 10, 2008 at 8:22 AM MDT

Story Updated: Dec 10, 2008 at 8:22 AM MDT

KALISPELL - Semitool Incorporated says it will effectively shut down for three weeks and cut back to a skeleton production crew because of lagging customer orders. The company is the third-largest employer in Flathead County.

Semitool is a leading manufacturer of wafer processing equipment for the semiconductor industry. It will tentatively shut down from December 15th through January 5th.

Assemblers and security personnel will be among the skeleton crew, while all operations not related to revenue will be shut down.

Tuesday's announcement comes about a month after Semitool laid off 100 workers in its Kalispell and Libby production plants.

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