Santa Ana-based Powerwave Technologies Inc., a maker of equipment for wireless networks, is looking to close a Maryland plant, according to a local newspaper.
Powerwave is set to shut down an 80,000-square-foot plant in Salisbury, which is on Maryland’s eastern shore near the border with Delaware, according to the Daily Times newspaper.
Last week Powerwave told some 100 workers there that it would be closing up shop by late August or early September, according to the report.
At its peak, the company had 300 workers there.
The company cut jobs there in 2006 and again in 2007 as part of a big restructuring effort by Chief Executive Ron Buschur.
Powerwave has not put out an official announcement.
The company got the plant when it bought a unit of Britain’s Filtronic PLC for about $185 million in cash in 2006.
Filtronic also got 17.7 million Powerwave shares in the deal,but has sold them off in chunks over the past year as Powerwave’s stock took a nosedive.
Shares are off roughly 60% in the past year.
Powerwave makes gear for cell phone towers that amplify and carry wireless phone signals. Customers include Finland’s Nokia Siemens Networks and France’s Alcatel-Lucent.
Powerwave has struggled amid consolidation among wireless gear makers, which shrunk its pool of customers by as much as 30%.
