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L3 Harris to Hire 200 For New
Plant in Utah
L3Harris is the eighth biggest private em- ployer in Salt Lake County, the 15th biggest in Utah and they are one of the ten biggest defense contractors in America.
L3Harris manufactures technology they can’t really talk about, says their vice president of engineering in Utah, Aurora Taylor-Rojas.
“What we focus on is securing all the communications for the war fighter,” said Taylor-Rojas.
It’s sensitive work that is considered essential, meaning it continued through the pandemic shutdowns.
“I think within a week we had over 60 per- cent of our workforce working from home at some level,” said Taylor-Rojas.
Beyond just continuing their work, L3Har- ris is building a new factory in Utah and they are advertising 200 new positions for engineers.
“Anyone that is interested in huge growth, technology and the products we provide the services that we provide are essential right now for our military men and women so it is a very exciting place to work,” said Taylor- Rojas.
Faraday Bankruptcy Plan
Approved
Faraday & Future Inc.’s founder and former chief executive caught a break from the U.S. Bankruptcy Court for the Central District of California in Los Angeles on May 21, paving the way for the Gardena-based automaker to start manufacturing electric vehicles.
The court approved a Chapter 11 reorga- nization plan for $3.6 billion in personal debt and financial losses Yueting Jia incurred through LeEco, his failed China-based tech company.
Confirmation of the plan “should prove to be an enormous benefit” to Jia’s creditors, the company said in a statement, and “act as a springboard for the closing of (Faraday’s) upcoming financing round.”
Jia, who founded the firm in 2014, resigned from his role as chief executive and was named chief product and user officer shortly before filing for bankruptcy in October.
Carsten Breitfeld, who served in management roles at BMW, took over as Faraday’s chief executive in 2019. In a recent interview with
Bloomberg TV, he said the company is looking to raise $850 million to help kickstart manu- facturing at its Hanford plant in Northern California about nine months after closing the series B funding round.
The facility is “not a high-volume plant, but it can do about 30,000 cars a year,” Breitfeld said.
Career Technologies Is Acquired
Electronic components manufacturer Cir- cuit Services, which does business as Career Technologies USA, has been acquired by a lo- cal southern California competitor.
Terms of the deal were not disclosed.
Chatsworth-based Career Technologies USA is now part of Valencia, CA.-based Lock- wood Industries Inc., which does business as Fralock.
“We have known Fralock for more than two decades,” Career Technologies USA President Armen Hayrapetian said in a statement. “With a combined offering, we will have a wider range of components, design, technology integra- tion and manufacturing capabilities to serve customers together.”
Career Technologies USA, founded in 1998, was a subsidiary of Taiwan-based Career Tech- nology Mfg. Co. Ltd. with more than 10,000 employees and six manufacturing plants.
The company, which also operates three fa- cilities in Los Angeles County, specializes in design and production of printed circuits for tablets, cameras and smartphones.
Specialty materials company Fralock makes components and subassemblies for semiconduc- tor equipment for the life science, aero- space and satellite industries. It operates a 60,000-square-foot facility in Valencia and employs more than 170 workers.
The deal for Career Technologies “broadens Fralock’s processing capabilities, and their combined portfolio of manufacturing process.
Viasat Awarded $75M to Update Info Distribution Terminal for US, Foreign Clients
Viasat out of Carlsbad, California has secured a four-year, $75.4M contract modifi- cation to update multifunctional information distribution system terminals for three U.S. military branches and international defense clients.
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CNC WEST August/September 2020