August 29, 2001 — EUGENE, OR — Less than a month after cutting 600 jobs from its Eugene plant, computer chip maker Hynix is reportedly ready to call back the workers and complete a $156 million renovation of the facility.

“We’re still on track,” a company spokesperson told the Register-Guard today.

The company is looking to produce 256 MB DRAM chips at the plant. The Eugene facility had produced 64 MB DRAM since 1998. It remains unclear when the plant will reopen and recall the laid off workers.

Parent company Hynix Semiconductor recently left the Hyundai Group. The company, which has 12 chip factories in Korea, is said to be $2.7 billion from creditors and investors through new stock and swapping debt for stock.