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April 2, 2020

Closed chip plant sells for $6.3M

EUGENE, Ore. (AP) — A long-shuttered computer chip factory in Eugene has sold at auction for $6.3 million, but it's not clear what the new owner plans to do with the site.

Hynix spent $1.5 billion to build and equip the 1.2-million-square-foot factory, which opened in 1998. It closed in 2008 during a downturn in the memory chip market. The closure left 1,400 people out of work, one of the biggest mass layoffs in Oregon history, The Oregonian/OregonLive reported.


 
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