Gateway Selects Nashville, Tennessee as Home for New Configure-To-Order Manufacturing Facility
May 17 2006 - 10:00AM
PR Newswire (US)
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. DATASOURCE: Gateway, Inc. CONTACT: Media,
Erin Davern, +1-949-471-7785, , or David Hallisey, +1-949-471-7703,
, or Investors, Marlys Johnson, +1-605-232-2709, , all of Gateway,
Inc.; or Dawn Rutledge Jones, +1-615-532-1910, Web site:
http://www.state.tn.us/labor-wfd/mainfindajob.html Web site:
http://www.gateway.com/
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