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Short Take: Seagate plans sale of Scotland plant

Seagate is planning to sell its chipmaking plant in Livingston, Scotland, a company spokesman said today. The disk drive maker concluded that it is "no longer financially prudent" to continue operations at the facility. Seagate acquired the plant in 1987. The planned sale comes amid a widespread downturn in the disk-drive business.

Jeff Pelline Staff Writer, CNET News.com
Jeff Pelline is editor of CNET News.com. Jeff promises to buy a Toyota Prius once hybrid cars are allowed in the carpool lane with solo drivers.
Jeff Pelline
Seagate is planning to sell its chipmaking plant in Livingston, Scotland, a company spokesman said today. The disk drive maker concluded that it is "no longer financially prudent" to continue operations at the facility. Seagate acquired the plant in 1987. The planned sale comes amid a widespread downturn in the disk-drive business.