Mississippi State University Vice President for Research David Shaw confirmed Friday that Starkville-based technology incubator SemiSouth is closing down, but said he hopes a solution can be developed to retain employees who will be affected.
The release stated that some 90 workers are being displaced as a result of the silicon carbide semiconductor company closing its doors. Calls to SemiSouth's human resources department went unanswered as of press time.
SemiSouth, which has been housed at the Thad Cochran Research, Technology and Economic Development Park near Mississippi State University since 2001, specializes in electrical components for high-efficiency conversion applications. The business, derived from MSU faculty research, produces power conversion applications, computing and network power supplies, battery chargers and aerospace applications among other components.
MSU Vice President for Research David Shaw said he was concerned to hear about the closing and the amount of jobs affected.
"We are of course concerned any time we lose a technology company," Shaw said. "We're hopeful to see a solution developed that can retain these valuable jobs."
For more information, see Saturday's version of Starkville Daily News.