ADC has completed the sale and closure of its photonic components business unit as part of its efforts to reduce costs and restructure its operations. In August 2002, the company announced that it would exit the optoelectronic components business. ADC has now announced that it has ceased operations at its facilities in Vadnais Heights, Minnesota, and Jarfalla, Sweden.
The Vadnais Heights facility developed and manufactured pump lasers and was the former Spectracom business acquired by ADC in June 1999. The Swedish facility was used for the development and manufacture of tunable lasers, and became part of ADC when it bought Altitun in May 2000.
ADC intends to sell off any remaining assets and will market the facility in Vadnais Heights for lease or sale. Approximately 72 positions will be eliminated at the Vadnais Heights facility, effective immediately.
ADC also announced that it the sale of its photonic components operations in Canberra, Australia to Verrillon, Inc. Terms of the sale were not disclosed. The Canberra facility designs and manufactures passive photonic components, including splitters, combiners, and wavelength division multiplexers. Approximately 55 employees work at this facility and will transfer to the new company.