SAN DIEGO, Jan. 23 /PRNewswire/ -- In an effort to improve its server
manufacturing efficiency, Gateway, Inc. (NYSE: GTW) is moving North American
server production to its North Sioux City, SD manufacturing facility. This
move, which will result in a workforce reduction of about 140 employees at
Gateway's Lake Forest, CA, manufacturing site, is part of an overall
efficiency improvement plan announced on Jan. 11.
"This shift in server manufacturing operations will position Gateway for
tomorrow's more promising opportunities, while ensuring the company's ability
to compete aggressively today," said Jack Dollard, Gateway senior vice
president, Operations. "By moving North American server production to North
Sioux City, we will improve the overall efficiency and throughput of that
facility. While moves involving job reductions are never easy because they
affect people's lives, this decision is a necessary step in today's tough
economy."
Gateway Business builds servers, which is a form of personal computers
that are part of a network shared by multiple users. Servers can store and
manage shared information while also performing a variety of network tasks.
They are critical components for businesses and institutions that maintain an
Internet presence, as well as have multiple users on a network.
Gateway sells servers to business, education and governmental clients.
For 2000, Gateway ranked sixth in the United States and ninth overall
worldwide in server sales, according to International Data Corporation, a
technology industry analytical firm.
Gateway's North Sioux City facility will begin assembling servers in late
March. The transfer of server assembly to Gateway's North Sioux City facility
will begin in February.
About Gateway
Gateway (NYSE: GTW), a Fortune 250 company founded in 1985, focuses on
building lifelong relationships with consumers and businesses through complete
technology personalization. Gateway ranked number one in U.S. consumer PC
revenue in 1999(1) and was rated among the top ten best corporate reputations
in America according to a survey conducted in August of 1999 by Harris
Interactive and the Reputation Institute and published in The Wall Street
Journal. In 1999, Gateway was seventh in total return to shareholders among
Fortune 500 companies and tenth in total shareholder returns over the past
five years.(2) Gateway employees worldwide provide clients with services and
built-to-order computers that consistently win top awards from leading
industry publications. Gateway had total global revenue of $9.7 billion in
2000. For more information, visit our Web site at http://www.gateway.com
(1) According to GartnerGroup/Dataquest US PC Quarterly statistics.
(2) According to Fortune Magazine, April 17, 2000.
SOURCE Gateway, Inc.
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Related links:
http://www.gateway.com
CONTACT:
Tyson Heyn of Gateway, 858-799-2587,
tyson.heyn@gateway.com
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