NORTH DAKOTA STATE UNIVERSITY 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
Four years after Alien Technology closed its Fargo plant, it remains unclear whether the $1.1 million bet state officials in North Dakota placed on the California-based maker of “smart tags” will ever pay off or even be paid back.
UND joins collaborative project The vacant Alien Technology building could be revived as the focal point for a collaboration uniting education and life sciences research to foster regional economic development.
'Kind of the cart before the horse,' official says Alien Technology lifted off from Fargo in much the same way it landed, looking for a financial boost. A few weeks before announcing plans in mid-May to shutter the Fargo plant, a closing that’s final Monday, executives from the California-based maker of “smart tags” were still considering expanding the facility here and seeking financial assistance.
UPDATED 1:37 P.M. Alien Technology confirmed plans today to close its Fargo inlay manufacturing facility. Alien was backed with millions of taxpayer dollars and once heralded as a future cornerstone of high-tech business in Fargo and North Dakota.
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. That’s one of several options the California-based “smart tag” manufacturer is considering to offset a drop in demand caused by the flagging economy.
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