Harris Corp. to part with broadcasting division
Tue, 01 May 2012 14:23:26 GMT —
UPDATED: May 1 at 5:03 p.m.
Mayor John Spring addressed Tuesday's announcement that Harris Corporation corporation intends to sell its broadcast division, including a manufacturing plant located in Quincy.
The Mayor said that although the news came as a surprise, the 384 employees of the company in Quincy do not need to worry about their jobs.
Spring said, "These 384 people will continue to work at this division here. I know that not all of them are in the facility each and every day. Some of them are on the road. But all that are employed in Quincy will retain these jobs and continue to work for Harris. And we'll continue to work with Harris to hopefully keep all 384 employed even if it's different employer."
Spring also said this decision had nothing to do with the economic challenges facing the state of Illinois or any problems with the company's relationship with the Quincy community.
"They feel as though parting with their broadcast division is the right move for them. They're going to work diligently to try to provide a new business partner for us here in our community. And their goal is to try to achieve that by the end of this calendar year."
Harris Corporation, a long-time Quincy employer, made the announcement Tuesday. The trade publication
reported the announcement made by Harris President and CEO William M. Brown.
â??The decision to divest Broadcast Communications resulted from a thorough review of our business portfolio, which determined that the business is no longer aligned with the company's long-term strategy,â?? he said.
The company manufactures radio and television equipment including transmitters, consoles and STL equipment. There is no word on how the closure will affect the company's Quincy TV and radio transmission manufacturing facility.
was made in conjunction with the release of the companyâ??s results for the first quarter of 2012. It also comes just months after Harris announced that it would shut down its cyber integrated solutions business.
Both Harris broadcast and Harris cyber integrated solutions were part the companyâ??s Integrated Network Solutions unit. That section of the company was created last year when Harris realigned its divisions.
Spokesman Brian Galante said that the company doesn't intend to lay off employees.
â??Up until the point of sale, which won't be until fiscal year 2013, the Quincy operation will remain how it is,â?? he said. â??If and when another company buys the division, whatever changes are made will be up to that company.â??