[BC] Harris Corp. Seeks Cuts in Transmitter Business

N0JAA@aol.com N0JAA
Fri Feb 2 14:07:45 CST 2007


floridatoday.com
 
 
February 2, 2007

Harris Corp. seeks cuts in  transmitter business

BY SCOTT BLAKE 
FLORIDA TODAY  
Harris Corp. said Thursday it is taking cost-cutting steps in its Broadcast  
Communications Division, citing the weak performance of its radio and 
television  transmitter business. 
Harris plans to incur $5 million worth of "severance and facility exit costs" 
 in the first half of this year, which will result in cost savings of about 
$10  million during the company's next fiscal year, which begins July 1, Harris 
 spokesman Brent Dietz said. 
The company said the cost reductions will be in the form of "severance and  
facility exit costs." But company officials would not elaborate on whether it  
would involve layoffs and closing facilities, except to say that the cutbacks  
will not directly affect the company's Brevard County operations. 
The company's Broadcast Communications Division is based in Mason, Ohio,. and 
 employs about 2,300. 
"Decisions on which Broadcast Communications Division locations will be  
impacted by cost reductions have not been disclosed," Dietz said in a statement.  
"However, the actions will address radio and TV transmitter manufacturing and  
the division's supply chain and support functions." 
Harris employs about 6,450 people in Brevard. 
Contact Blake at 242-3644 or _sblake at floridatoday.com_ 
(mailto:sblake at floridatoday.com) . 


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