Advanced Energy Breaks Ground on Flagship Factory in Thailand
03 Outubro 2023 - 8:00AM
Business Wire
Advanced Energy’s 500,000 sq ft facility will manufacture
leading-edge power delivery systems for the semiconductor market,
and be capable of delivering revenue of up to $1 billion per
year
Advanced Energy Industries, Inc. (Nasdaq: AEIS), a global leader
in highly engineered, precision power conversion, measurement and
control solutions, announced that it held a formal groundbreaking
ceremony for a new state-of-the-art factory near Bangkok, Thailand.
The new facility marks the next phase of Advanced Energy’s global
capacity expansion, as it executes its strategy to support future
revenue growth.
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Advanced Energy’s 500,000 sq ft facility
will manufacture leading-edge power delivery systems for the
semiconductor market, and be capable of delivering revenue of up to
$1 billion per year (Photo: Business Wire)
The flagship 500,000 sq ft facility, at full production levels,
is expected to employ roughly 2,500 engineers, technicians and
operators and be capable of delivering up to $1 billion in annual
revenue. The primary focus of the facility will be on products for
the semiconductor market. Over time, products for industrial and
medical applications are also planned to be produced at the
facility.
“Our expansion in Thailand is an important part of our long-term
strategy to improve operational efficiency and flexibility. With
its robust transportation network, an established regional
ecosystem of suppliers and subcontractors and a skilled labor
force, Rojana Laem Chabang, Thailand is the ideal location for our
new flagship manufacturing facility,” said Steve Kelley, Advanced
Energy’s president and CEO, during the ceremony.
The groundbreaking was attended by members of Advanced Energy’s
senior management and representatives from multiple AE customers,
key suppliers, and local partners including from the Laem Chabang
industrial estate where the factory is being built.
About Advanced Energy
Advanced Energy Industries, Inc. (Nasdaq: AEIS) is a global
leader in the design and manufacture of highly engineered,
precision power conversion, measurement and control solutions for
mission-critical applications and processes. Advanced Energy’s
power solutions enable customer innovation in complex applications
for a wide range of industries including semiconductor equipment,
industrial production, medical and life sciences, data center
computing, networking and telecommunications. With engineering
know-how and responsive service and support for customers around
the globe, the company builds collaborative partnerships to meet
technology advances, propels growth of its customers and innovates
the future of power. Advanced Energy has devoted four decades to
perfecting power. It is headquartered in Denver, Colorado, USA.
For more information, visit www.advancedenergy.com.
Advanced Energy | Precision. Power. Performance. Trust.
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version on businesswire.com: https://www.businesswire.com/news/home/20231003873467/en/
For press inquiries, contact: Simon Flatt Grand Bridges for
Advanced Energy Industries, Inc. aei@grandbridges.com +1 415 800
4529
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