Tower in talks to buy Micron plant in Kiryat Gat
Workers jobs are safe for now, but Micron told employees that it will either sell or close down the plant by 2015.
Tower Semiconductor is negotiating the purchase of Micron Technology's production facilities in Kiryat Gat. TheMarker reported last month that Micron told the 1,300 workers employed at the plant of its intentions either to sell the plant or close it down by 2015, but that in the meantime no layoffs were expected. The plant specializes in producing 45 and 65 nanometer memory products.