MEMC Electronic Materials Inc. saw its second-quarter profit fall dramatically because of a partial deferral of profit from a joint venture with a German company and weak demand for its solar wafers. The O’Fallon-based company had $6.5 million in net ...

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St. Peters-based MEMC Electronic Materials Inc., a maker of silicon wafers for solar modules and semiconductors, reported a first-quarter profit that included a tax benefit. Sales declined by more than half as solar product prices and volumes fell. Net income ...

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More layoffs at MEMC MEMC Electronic Materials Inc. said in a filing last week with the U.S. Securities and Exchange Commission that it plans to lay off another 200 employees – this time at its Korean subsidiary. The layoffs at ...

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MEMC expects sales to fall MEMC Electronic Materials Inc. expects its sales declined during the first quarter that ended March 31, the O’Fallon-based company said last week. The company said it expects to report first-quarter revenue of about $214 million. ...

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MEMC Electronic Materials Inc. on March 28 laid off 200 manufacturing employees at the company’s facilities in O’Fallon, Mo., and Sherman, Texas. “The action was taken to better align the company’s workforce to current manufacturing needs as demand for semiconductors ...

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MEMC appoints Chatila CEO MEMC Electronic Materials Inc. in O’Fallon announced Thursday that Ahmad Chatila has been appointed president and CEO effective March 2. Chatila, 42, also will become a member of the company’s board of directors. Marshall Turner, who ...

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