Manufacturing Facility Will Build Configure-To-Order Desktops, Notebooks,
Servers and Storage Arrays to Meet Growth Needs of the Company's
Professional and Consumer Direct Business Units
IRVINE, Calif., May 17 /PRNewswire-FirstCall/ -- Gateway, Inc. (NYSE:
GTW) has selected Nashville, Tenn. as the site for a manufacturing facility
that is scheduled to open by October 2006. First-year employment in the
facility is expected to grow to more than 300 people with an annual payroll
of about $8 million. The Nashville facility will allow the company to
enhance its responsiveness to customer demands in the Business, Education,
Government and Consumer market segments.
The new plant will assemble configure-to-order (CTO) desktops,
notebooks, servers and storage arrays according to customer specifications,
as well as provide custom integration and software imaging services. The
presence of available space in Nashville, together with leveraging the
infrastructure of one of Gateway's existing suppliers, which will own a
minority interest in the operation, is expected to allow for an efficient
and timely start up of the facility.
"The higher-skilled, better-paying jobs that Gateway will bring to
Middle Tennessee falls right in line with the type of economic
opportunities we're working to create all across the state," said Governor
Phil Bredesen. "This announcement is a positive win for technology business
growth in Tennessee. Gateway is a well-respected company and we believe
their presence in Tennessee will not only bring our state more visibility
in this arena, but will offer the company the work force and innovation
required to grow and expand."
"This facility will support Gateway's Professional and Consumer Direct
business units from an operational perspective in order to improve the
entire customer experience, including quality, cost and delivery," said
Rick Snyder, Gateway's chairman and chief executive officer.
"We want to thank Governor Bredesen and state officials in Tennessee
for working with us on this important initiative. Our relationship with the
State of Tennessee and its very capable workforce reinforces our commitment
to providing an exceptional customer experience."
In addition to the state of Tennessee, the Tennessee Valley Authority
and the Nashville Area Chamber of Commerce were key partners in attracting
this important project.
Interested Applicants
Gateway will begin recruitment efforts for the Nashville, Tenn.
facility in conjunction with the State of Tennessee's recruiting and staff
development organizations beginning the week of May 22, 2006. Qualified
candidates in the areas of manufacturing; production planning, scheduling
and procurement; production process engineering and staff development can
obtain more information by visiting:
http://www.state.tn.us/labor-wfd/mainfindajob.html.
About Gateway
Since its founding in 1985, Irvine, Calif.-based Gateway (NYSE: GTW)
has been a technology pioneer, offering award-winning PCs and related
products to consumers, businesses, government agencies and schools. Gateway
is the third largest PC company in the U.S. and among the top ten
worldwide. The company's value-based eMachines brand is sold exclusively by
leading retailers worldwide, while the premium Gateway line is available at
major retailers, over the web and phone, and through its direct and
indirect sales force. See http://www.gateway.com for more information.
Special note
This press release contains forward-looking statements that involve
risks and uncertainties, as well as assumptions that, if they do not
materialize or prove incorrect, could cause Gateway's results to differ
materially from those expressed or implied by such forward-looking
statements. All statements, other than statements of historical fact, are
statements that could be forward-looking statements, including any
projections or preliminary estimates of earnings, revenues, or other
financial items; any statements of plans, strategies and objectives of
management for future operations; the extent of seasonal changes in demand;
any statements regarding proposed new products, services or developments;
any statements regarding future economic conditions or performance;
statements of belief and any statement of assumptions underlying any of the
foregoing. The risks that contribute to the uncertain nature of these
statements include, among others, risks related to shifting our
distribution model to third-party retail; competitive factors and pricing
pressures, including the impact of aggressive pricing cuts by larger
competitors; general conditions in the personal computing industry,
including changes in overall demand and average selling prices, shifts from
desktops to mobile computing products and information appliances and the
impact of new microprocessors and operating software; the ability to
simplify the company's business, change its distribution model and
restructure its operations and cost structure; component supply shortages;
short product cycles; the ability to access new technology; infrastructure
requirements; risks of international business; foreign currency
fluctuations; risks relating to new or acquired businesses, joint ventures
and strategic alliances; risks related to financing customer orders;
changes in accounting rules; the impact of litigation and government
regulation generally; inventory risks due to shifts in market demand; the
impact of employee reductions and management changes and additions; and
general economic conditions, and other risks described from time to time in
Gateway's Securities and Exchange Commission periodic reports and filings.
Gateway assumes no obligation to update any forward-looking statements to
reflect events that occur or circumstances that exist after the date on
which they were made.
SOURCE Gateway, Inc.
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Related links:
http://www.state.tn.us/labor-wfd/mainfindajob.html/
http://www.gateway.com/
CONTACT:
Media, Erin Davern, +1-949-471-7785,
erin.davern@gateway.com, or David Hallisey, +1-949-471-7703,
david.hallisey@gateway.com, or Investors, Marlys Johnson,
+1-605-232-2709, marlys.johnson@gateway.com, all of Gateway,
Inc.; or Dawn Rutledge Jones, +1-615-532-1910,
dawn.rutledgejones@state.tn.us
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