Kansas-based firm will buy former Qimonda plant
- March 18, 2010
A U.S. bankruptcy court in Delaware has approved the sale of the former Qimonda plant in Richmond, according to a report in today’s Richmond Times Dispatch.
Richmond Semiconductor LLC of Overland Park, Kansas, has submitted a bid to purchase the 210-acre campus in Sandston for $12 million. The property includes 1.3 million square feet of labs, offices, manufacturing space and a cafeteria.
Qimonda closed the semi-conductor plant and laid off more than 1,000 workers after filing for bankruptcy protection in Feb. 2008. The property assessed at more than $155 million early that year. As of Jan, 1, the valued had dropped to $34.4 million, according to the Times-Dispatch. The site is 15 minutes away from Richmond International Airport.