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Filtronic is to relocate an electronics manufacturing operation and up to 85 jobs from Newton Aycliffe to Netpark in Sedgefield by the end of February.
Filtronic has acquired Isotek, the Leeds-based manufacturer of filters for mobile phones with 28 staff, for £11m.
Filtronic is to sell its Defence Electronics business to Teledyne for £13m.
Filtronic has sold its microchip factory in Newton Aycliffe to RF Micro Devices of the US for £12m, securing 200 jobs and creating up to 100 new jobs.
Filtronic is planning to vacate its 100,000 sq ft Saltaire headquarters and relocate all staff to its electronic components site in Shipley.
Filtronic is to sell most of its wireless infrastructure division to Powerwave Technologies of the US for £184m, and has also announced plans to spend £45m expanding its semiconductor factory in Newton Aycliffe.
Filtronic is to sell its LK Products handset antennae division to Technitrol of the US for £47m.
Filtronic is to recruit a further 50 staff at its electronics plant in Newton Aycliffe, to add to the existing 350.
Filtronic is to sell parts of its US-based electronic warfare business to Teledyne for £7m.
Filtronic is planning to increase the workforce at its electronic components plant in Newton Aycliffe from 262 to 500 by the end of 2004.
Filtronic is planning to create a further 90 jobs at its Newton Aycliffe electronics plant over the next year, to manufacture broadband communication products.
Filtronic is to acquire Sigtek, the US developer of high-speed digital signal processing, for an initial £13m.
Filtronic is in negotiations to reopen the former Fujitsu microchip factory at Newton Aycliffe, where it would invest £35m and create 500 jobs.
Filtronic is planning to build another electronic components plant at Shipley in Yorkshire, which will create 400 jobs.
Filtronic is creating an extra 50 jobs at its Saltaire site in Bradford due to a rise in sales of mobile phone components, and it is also taking on staff at other sites around the world.
Filtronic is acquiring LK-Products, the telecoms components company, from Nokia for £40m, and is strengthening its ties with Nokia by issuing new shares that will give the Finnish group a 7.5% stake in Filtronic.