The announcement this month that International Business Machines Corp. will sell its half of the Manassas chipmaking venture Dominion Semiconductor LLC to its partner, Toshiba Corp., will likely result in additional jobs at the plant, said company officials.
"We'll be getting more jobs," said Mark Holcomb, Dominion spokesman. "What [Toshiba] wants is additional manufacturing capacity. They will need to hire additional people for the additional tools."
Dominion has about 950 workers and has the capacity to employ as many as 1,200, Holcomb said.
"Toshiba said they wanted more of the output from Dominion. That matched IBM wanting to change their portfolio. It ended up being serendipitous," Holcomb said.
Other than the possible additional jobs, the deal "won't have an affect on Dominion, won't have an affect on the community," Holcomb said.
"For Dominion, it's business as usual," M. Alexander Graham, president and general manager of Dominion, said in a statement released after the agreement was announced. "Our job remains the same. . . . Our product plans are the same. We know and respect Toshiba, and we have a solid working relationship with them and will continue to build on that relationship."
Beginning immediately, capacity belonging to Toshiba will be increased from the current 50 percent share to 75 percent. The transfer of ownership will be completed by December 2000.
The sale is in sync with IBM's goal of moving into its niche and more profitable market--semiconductors--and away from the lower-profit dynamic random access memory chips (DRAM) business. Dominion currently produces 4 million DRAM chips a month.
The possible new jobs would be added gradually, Holcomb said.
"It's not a new company acquiring us. It's a shift of where the output goes," he said. "The way we are today is the reason Toshiba is buying us. We have never stopped adding tools, adding people to use them."