Maxim invests $200 million in expansion and equipment upgrades
09 July 2012
Maxim Integrated Products has announced a $200 million multiyear investment to upgrade its US wafer fabrication facilities in Beaverton, Oregon; Dallas and San Antonio, Texas; and San Jose, California.
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. This investment is consistent with previously disclosed estimates for capital expenditures in Maxim’s fiscal years 2012 and 2013.
Maxim employs 9,300 employees worldwide, including approximately 1,000 manufacturing cleanroom workers in its four US fabs. These facilities produce integrated circuits for devices such as smartphones, tablet PCs, factory-automation equipment, automobiles, computers, medical equipment, smart grid equipment, and communications devices. Manufacturing staff will be added over time as expansions are completed and production ramps to capacity.
“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.”
Maxim’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 programme, which has saved over 3.7 million kilowatt hours of electricity annually and reduced carbon dioxide emissions by more than 1,400 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 Maxim with a ‘Refreshing Ideas Award’, acknowledging the site’s effective methods to reduce water consumption. Maxim helped save 55 million gallons of water annually at that facility through changes such as condensation harvesting, third-stage reverse osmosis, and analytical reclaim.
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