Maxim to expand and invest US$200m in US fabs
The producer of ICs will spend it on upgrading facilities, equipment and taking on new people
Maxim Integrated Products Inc is making a $200m multiyear investment to upgrade its US wafer fabrication facilities (fabs) in Beaverton, Oregon; Dallas and San Antonio, Texas; and San Jose, California.
The company, which employs 9,300 employees worldwide, including approximately 1,000 manufacturing cleanroom workers in its four US fabs, says manufacturing staff will be added over time as expansions are completed and production ramps to capacity.
The company will use the multiyear investment to upgrade manufacturing equipment, improve process technologies, convert to newer technology nodes, and assimilate production from recently acquired companies.
“Maxim has an extremely talented workforce doing technology development in Silicon Valley and cost-competitive manufacturing in our US wafer fabs, where we make about 50% of our products,” said Tunç Doluca, president and ceo of Maxim Integrated Products. “We are investing in our US infrastructure to build intellectual property and enable a competitive edge.”
The company's US manufacturing facilities have been recognised for their energy efficiency and conservation of natural resources. The Energy Trust of Oregon acknowledged the Beaverton facility’s energy-conversation program, which has saved over 3.7m kW hrs of electricity annually and reduced carbon dioxide emissions by more than 1400 tons. Beaverton site management is evaluating additional energy-efficiency opportunities in solar-electric power, lighting automation, and boiler plant upgrades.
In Texas, the San Antonio Water System recognised the company has saved 55m gallons of water annually through changes such as condensation harvesting, third-stage reverse osmosis, and analytical reclaim.