OTTAWA, CANADA -- Fabrinet, a top manufacturer of optical components, will acquire the Ottawa operations of JDS Uniphase Corp., the companies said.

The deal covers JDS' manufacturing operations in Ottawa, and is expected to be completed by April 1.
Fabrinet will close the plant, which employs 300 and transfer the operations to lower-cost manufacturing locations. Fabrinet operates plants in Thailand and China.

This is the sixth plant Fabrinet has acquired from JDS, and according to the company it will be the last piece of the relocation of operations to Asia.

In a statement vice president of global operations Debbie Shoquist said, "We believe that with additional resources from Fabrinet and a cohesive transfer team, we will ensure a smooth transition for our employees and our customers."

Previously, Fabrinet acquired JDS plants in Fuzhou, China; Mountain Lakes, FL; Ewing, NJ; Singapore; and Bintan, Indonesia.