Yokne'am-based Anorad Israel has 43 employees.
Sources inform ''Globes'' that Rockwell Automation Inc. (NYSE: ROK) plans to close its Israel unit Anorad Israel, ten years after acquiring the company. Anorad, part of Rockwell Automation's Motion & Information Group, develops multi-axis positioning systems to component-level linear motor products for the semiconductor industry. The company's products enable the production of nanometer technology processors.
The Yokne'am-based unit has 43 employees. Rockwell Automation notified Anorad Israel's employees that the company will be closed.
Published by Globes [online], Israel business news - www.globes-online.com - on May 10, 2009
© Copyright of Globes Publisher Itonut (1983) Ltd. 2009