NDSU NEWS Alien Closes
May 13, 2009
For Immediate Release
NDSU Research & Technology Park, Inc.
Contact Information: Tony Grindberg, 499-3601
Tony Grindberg, executive director of the North D... Posted on 5/14/09 at 4:40 AM
In 2003, a group of banks, economic development agencies and state and local governments put together a $36 million financing package – a combination of low-interest loans, government training programs and private funds – to lure Alien Technology to Fargo.
UPDATED 12:24 p.m.
FARGO - Alien Technology confirmed plans today to close its Fargo inlay manufacturing facility, located in the North Dakota Sate University Research and Technology Park, by early June.
Drop in demand forces ‘smart tag’ company to face tough decisions Alien Technology, a company backed with millions of taxpayer dollars and once heralded as a future cornerstone of high-tech business in Fargo and North Dakota, might close its Fargo plant.
By Dave Roepke and Tracy Frank / Forum staff writers
, May 05, 2009
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