Novanta Corporation Closing Their Mukilteo Location

Novanta in Mukilteo, WA.

Novanta Corporation (NASDAQ: NOVT) released a Worker Adjustment and Retraining Notification (WARN) for a closure of their “Seattle” presence in Mukilteo, Washington.

Washington State law requires larger companies to file layoff intentions with the Employment Security Department, which leads to notice from the Worker Adjustment and Retraining Notification (WARN) system.

Located at 4600 Campus Place, just south of Boeing, 83 workers are affected and will be out of work on July 7th.

The closure may come as a surprise to many considering the location is still listed on their site and they still have welder jobs listed on job boards. Novanta describes themselves like this:

“We create for our global customers engineered components and sub-systems that deliver extreme precision and performance for a range of mission-critical applications—from minimally invasive surgery to robotics to 3D metal printing.”

Novanta still has locations in nine U.S. cities:

  • Boston, MA
  • Detroit, MI
  • Irvine, CA
  • Marlborough, CT
  • Raleigh, NC
  • Sacramento, CA
  • Syracuse, NY

Novanta stock is up 22.9% year-to-date.

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