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Veeco Restructures Manufacturing Facilities

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PLAINVIEW, N.Y., May 26 -- Veeco Instruments Inc. plans to form Centers of Excellence in a plan to restructure its Process Equipment manufacturing operations. According to Veeco this will enable them to more effectively serve the data storage and optical telecommunication markets and reduce duplicate manufacturing sites. Due to a poor showing in the data storage industry, Veeco will reduce its workforce in that area by 13 percent: or 180 people. The company announced that it will close its former CVC/Commonwealth Scientific facility in Alexandria, Va., and will trim down its data storage...Read full article

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    Published: May 2000
    CommunicationsindustrialNews & Features

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