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Hitachi GST Completes Acquisition of Substrate Manufacturing Facility in Malaysia
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| 3 July 2009 |
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Hitachi Global Storage Technologies (Hitachi GST) has completed the previously-announced acquisition of a substrate manufacturing facility located in Sarawak, Malaysia. The facility, previously owned and operated by Western Digital, produces aluminum substrates used in hard disk drives.
"We are pleased to have completed the acquisition and expect the Sarawak team to play an important role in the continued growth of Hitachi GST,” said Steve Milligan, President, Hitachi Global Storage Technologies. "We also extend our sincere appreciation to the Malaysian and local Sarawak governments for their ongoing support of our efforts to develop a local manufacturing presence and look forward to growing our employee base in Malaysia.”
Financial terms of the transaction were not disclosed.
www.hitachigst.com |
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