ASM announces €300M expansion of U.S. operations in Scottsdale,
Arizona
Scottsdale, Arizona December 5, 2023
The investment will focus on technology development, research,
design and engineering capabilities, and pilot manufacturing
capacities
ASM International N.V. (Euronext
Amsterdam: ASM), one of the fastest growing semiconductor equipment
companies and global market leader in Atomic Layer Deposition,
announced plans for a new North American expansion to accommodate
growing demand for research and development in the semiconductor
industry.
ASM is investing €300 million over a period of
up to five years to design and construct the new state-of-the-art
site on more than 20 acres (8.5 hectares) in Scottsdale, Arizona.
This total investment is 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.
“ASM’s facility in Arizona has always been a key
center for development of leading technologies that enabled many
breakthroughs in the global semiconductor industry,” said Benjamin
Loh, CEO of ASM. “The investment in our new facility in Scottsdale
will substantially expand our research and development activities,
further strengthening Arizona as a hub for top-notch semiconductor
innovation.”
The new North American headquarters will cover
250,000 square feet (20,000 m²), more than double the size of the
current facility. The global technology and innovation center will
house a variety of functions under one roof, allowing ASM
departments to collaborate more efficiently. This includes
investing in leading-edge lab equipment and state-of-the-art
infrastructure not just for research and development, but also for
renewable energy, a water recycling facility, and other
sustainability features. Some of ASM’s global operations and
corporate support functions will also be on site, including supply
chain, manufacturing engineering, a Global Training Center, and the
Global Software Team.
“Arizona is proud to celebrate ASM’s high-tech
expansion, a project that further cements Arizona’s semiconductor
leadership and bolsters U.S. resilience and competitiveness,” said
Governor Katie Hobbs. “We’re grateful to celebrate this new
milestone in the Arizona-Netherlands partnership and thank ASM for
their continued commitment to Arizona.”
ASM first established its North American
headquarters in Phoenix, Arizona, in 1976 and was one of the first
semiconductor equipment companies in Arizona. ASM has seven R&D
centers and several manufacturing facilities around the world, with
its global headquarters located in the Netherlands. Political and
economic leaders from the Netherlands were recently in Arizona to
celebrate ASM’s expansion announcement.
“Arizona and the U.S. are valuable partners in the Netherlands’
mission to co-create solutions that promote innovation and
partnerships in the global semiconductor value chain,” said Mark
Rutte, Prime Minister of the Netherlands. “It is through these
types of cross-border collaborations that we are shaping the future
of advancements in this growing industry.”
“ASM’s expansion in Arizona is one example of
how we are looking to establish opportunities for Dutch and U.S.
companies to exchange knowledge and establish meaningful
partnerships,” said Micky Adriaansens, Minister of Economic Affairs
and Climate Policy of the Netherlands. “With its new North American
headquarters, ASM will support its key customers’ expansion of
leading-edge device manufacturing in Arizona, in the rest of the
U.S., and globally, contributing to a more resilient, innovative
and competitive semiconductor supply chain.”
ASM’s equipment is a key technology for the
semiconductor integrated-circuit chips needed to make the
electronics products that consumers and businesses use everywhere.
Specializing in the wafer equipment market, ASM’s focus is on the
deposition of thin films, designing, making, selling, and servicing
deposition tools to supply customers with advanced technologies
used in wafer fabrication plants. ASM’s customers include the
companies that make the world’s top semiconductor devices.
“ASM’s expansion further positions Arizona as
the nation’s leading center for semiconductor innovation and
manufacturing,” said Sandra Watson, President and CEO of the
Arizona Commerce Authority. “ASM has been a longtime industry
partner in Arizona, and we look forward to supporting their
continued success.”
ASM currently employs over 800 people in Arizona
and plans to hire an estimated additional 500 people over the next
six years, creating new job opportunities in engineering as well as
research and development. The site will be designed as a
destination to work, with various amenities that will provide
support to employees in accomplishing their work and their general
wellbeing.
“ASM is anchored in Arizona, and we are pleased
to welcome their new North American headquarters to Scottsdale for
the next chapter of their continued growth,” said David D. Ortega,
Mayor of Scottsdale. “ASM will be locating over 1,000 high-paying
technology jobs in our city and their focus on sustainability
ensures they will be a fantastic community partner in the shared
goal to preserve our most valuable resources.”
“The burgeoning relationship between Greater
Phoenix and the Netherlands is strengthened by partners like ASM
that drive the advanced manufacturing ecosystem, create important
jobs, and commit to sustainable efforts around the region,” said
Greater Phoenix Economic Council President and CEO Chris Camacho.
“This massive investment goes beyond the dollars, with plans to
improve irrigation and river systems in Arizona as ASM continues to
show good stewardship of its U.S. home.”
Sustainability has been a cornerstone of ASM’s
global business processes and will continue to be a main theme with
the new North American headquarters. ASM will pursue LEED rating
for the new facility while also driving programs for energy and
water reuse. ASM is also committed to reclaimed water system
improvements to further reduce use and recycling of water, and
targets more than 80% reclaimed water in the new facility. ASM’s
current facility in Arizona has reduced its absolute water use by
60% from 2017 to 2022, even with substantial growth in its business
activities during this period. Construction of the new North
American facility is expected to take about three years.
In connection with ASM’s sustainability efforts,
the company also announced new multi-year partnerships with local
organizations. One of these partnerships is with The Nature
Conservancy (TNC), where ASM will support TNC with three-year
investments to its Restoring Flows program, starting with a
$130,000 investment in year one, which completes Phase 1 funding of
the project.
This project will improve the irrigation systems in the Verde
Valley and strengthen the long-term resilience of the Verde River,
one of the last free-flowing river systems in the state and a
critical water supply for the Phoenix metro area. Over the next
three years, ASM will help fund this innovative water restoration
program to save millions of gallons of water for the Verde River
annually, which will in turn address environmental concerns and
enhance the well-being of the community and wildlife in the
region.
ASM also announced a new partnership with the
Arizona Sustainability Alliance (AZSA), where ASM will support AZSA
with a $240,000 investment over three years to its Urban Forestry
Tree Planting & Associated Education Initiatives and its annual
events like the Sustainability Celebration and Conservation
Invasion. Over the next three years, ASM will fund the planting of
more than 250 trees and ASM employees will take part in tree
planting volunteer days.
About ASM International
ASM International N.V., headquartered in Almere,
the Netherlands, and its subsidiaries design and manufacture
equipment and process solutions to produce semiconductor devices
for wafer processing, and have facilities in the United States,
Europe, and Asia. ASM International's common stock trades on the
Euronext Amsterdam Stock Exchange (symbol: ASM). For more
information, visit ASM's website at www.asm.com.
Cautionary Note Regarding Forward-Looking
Statements: All matters discussed in this press release, except for
any historical data, are forward-looking statements.
Forward-looking statements involve risks and uncertainties that
could cause actual results to differ materially from those in the
forward-looking statements. These include, but are not limited to,
economic conditions and trends in the semiconductor industry
generally and the timing of the industry cycles specifically,
currency fluctuations, corporate transactions, financing and
liquidity matters, the success of restructurings, the timing of
significant orders, market acceptance of new products, competitive
factors, litigation involving intellectual property, shareholders
or other issues, commercial and economic disruption due to natural
disasters, terrorist activity, armed conflict or political
instability, changes in import/export regulations, pandemics,
epidemics and other risks indicated in the company's reports and
financial statements. The company assumes no obligation nor intends
to update or revise any forward-looking statements to reflect
future developments or circumstances.
ContactInvestor and media relations Victor BareñoT: +31 88 100
8500 E: investor.relations@asm.com
U.S. media contacts Erica Fetherston
T: +1 480-676-9141
E:
erica@10to1pr.com Rachael CliffordT:
+1 480-519-30370E: rachael@10to1pr.com
- 20231205 ASM announces €300M expansion of U.S. operations
ASM International NV (TG:AVS)
Historical Stock Chart
Von Mär 2024 bis Apr 2024
ASM International NV (TG:AVS)
Historical Stock Chart
Von Apr 2023 bis Apr 2024
