The Almere, Netherlands-based semiconductor manufacturing giant ASM International is moving forward with plans to build its new headquarters in Scottsdale, Arizona.
The project will see the construction of a 250,000-square-foot main facility to go up on a 20-acre campus.
In a statement, ASM chief executive office Benjamin Loh said the new facility will “substantially expand our research and development activities, further strengthening Arizona as a hub for top-notch semiconductor innovation.”
Beginning operations in 1968, ASM today is a world leader in the manufacturing of semiconductor wafer processing equipment for the fabrication of semiconductor devices.
The company, with around $2.7 billion in annual revenue, has facilities throughout Europe and Asia. It opened its first U.S. location in Phoenix in 1976.
It is expected that ASM will spend upwards of $300 million over the course of the next five years designing and building its new Arizona facilities.
According to published sources, the Scottsdale facility will also house a research and development lab, global training center, and supply chain and manufacturing engineering space.
In an earlier press release, the company said the $300 million will fund a “combination of capital expenditures related to infrastructure and lab equipment and includes operational expenses such as the additional research and engineering jobs created with the expansion.”
By Garry Boulard
