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EMC WILL DOUBLE MANUFACTURING FACILITIES TO MEET DEMAND

Enterprise storage organization, EMC Corp is to more than double its manufacturing capabilities to meet increasing demand for its information storage systems. The Hopkinton, Massachusetts-based company will build a new, all singing, all dancing 555,000 square foot plant in Franklin, Massachusetts, creating an additional 1,000 jobs over the next two years, adding to its existing 5,500 staff base. The company has also said its manufacturing plant in Cork, Ireland will be extended, creating 500 new jobs. EMC says it needs to implement the expansion changes to keep up with the demand it has been seeing across the world for its Symmetrix enterprise storage systems, which the company recently said enabled it to surpass revenue that it generates from its mainframe products for the first time ever (CI No 3,211). Profits for its second quarter grew 48% to $129m, while revenue hit $713m, a growth of 31%. The company believes the increase in demand has come as a result of organizations needing to store, protect and manage increasing amounts of data. EMC says its new Franklin plant, and the extension to the Irish plant will be operational by the end of next year.

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CBR Staff Writer

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