Hemisphere Cuts Non-Agriculture Business

摘要

Hemisphere GPS, Inc., has announced a new corporate strategy that focuses exclusively on the agriculture business. The company, which appointed Rick Heiniger chief executive in September, said it expects to save $7 million annually from the restructuring.The workforce will be reduced from 273 to about 170, and the headquarters will be moved from Calgary, Alberta, Canada, to Hiawatha, Kansas, where Hemisphere GPS's agricultural operations are located.