Hemlock to Cut 400 Jobs Amid Global Polysilicon Oversupply
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Hemlock Semiconductor Corp., the largest U.S. provider of polysilicon, plans to lay off about 400 people in Michigan and Tennessee amid a global glut of the main raw ingredient in solar cells.
The layoffs will take place in the next few weeks and may become permanent if poor market conditions persist, the Hemlock, Michigan-based company said today in an e-mailed statement.