Murata Wiedemann Inc., a Japanese-owned machine-tool manufacturing firm in King of Prussia, is moving to North Carolina - and that could mean pink slips for about 140 employees.
The plant, which assembles custom, computerized punch presses from parts manufactured in Japan, is expected to stay open until next spring, when the company's $10 million, 100,000-square-foot plant near Charlotte, N.C., is set to open. Murata of America, a sister company, is near the new manufacturing operation.
About 130 workers will be employed at the new plant, which will make more of its own parts for the punch presses, said Tim Ford, vice president of human resources for Murata. None of the King of Prussia plant workers has been offered a transfer to North Carolina.