Churchill

Reports: S. Korean firm to buy Hynix plant

Reports: S. Korean firm to buy Hynix plant

A little more than a year ago, Hynix announced it was closing its doors and leaving town, taking with it more than 1,000 jobs and an annual payroll of $62 million.

It was a devastating blow to Lane County's economy. But it looks like, after a year of doubt, the semi-conductor manufacturing plant might have a buyer.

According to reports published in Business Week and The Wall Street Journal, a South Korean company plans to buy the semiconductor plant.