Press release
Analog Devices Announces Investment of €630 Million in Next Generation Semiconductor R&D and Manufacturing Facility in Limerick
New facility intended to help accelerate advances in cutting-edge applications, including digital biology, electric vehicles, and robotics New investment
About this update from Analog Devices, Inc.
[{"type":"text","content":"\n\nNew facility intended to help accelerate advances in cutting-edge applications, including digital biology, electric vehicles, and robotics\n\n\n\nNew investment expected to result in 600 new jobs and the tripling of wafer production capacity at ADI’s European regional headquarters in Limerick, Ireland\n\n\n\nThe investment is part of Ireland’s first Important Projects of Common European Interest on Microelectronics and Communication Technologies (IPCEI ME/CT) application to the European Commission\n\n\n\n WILMINGTON, Mass. & LIMERICK, Ireland--(BUSINESS WIRE)--\nAnalog Devices, Inc. (Nasdaq: ADI), a global semiconductor leader, today announced a new €630 million investment at its European regional headquarters in the Raheen Business Park in Limerick, Ireland. The investment enables the construction of a new, state-of-the-art, 45,000 sq-ft Research & Development and manufacturing facility.\n\n\nThe new facility will support ADI’s development of next-generation signal processing innovations designed to accelerate the digital transformation of Industrial, Automotive, Healthcare, and other sectors. It is expected to triple ADI’s European wafer production capacity and aligns with the company’s goal of doubling its internal manufacturing capacity to enhance the resiliency of its global supply chain and better serve customer needs. This investment is expected to grow ADI’s employment footprint in the mid-west region of Ireland by 600 new positions, a significant increase to ADI’s current 1,500 employees in Ireland and 3,100 employees in Europe as a whole.\n\n\nToday’s announcement comes a year after ADI announced a separate investment of €100 million in ADI Catalyst, its 100,000 sq-ft custom-built facility for innovation and collaboration at its Limerick campus. Ireland is also home to ADI’s main European Research and Development Center, which has generated more than 1,000 patents since its inception and has seeded ADI R&D sites throughout Europe in Spain, Italy, UK, Romania, and Germany.\n\n\n“Since 1976, Ireland has been a critical innovation center for ADI, thanks to its strong academic and research organizations, business ecosystem, and progressive government leadership,” said ADI CEO and Chair Vincent Roche. “This next-generation semiconductor manufacturing facility and expanded R&D team will further extend ADI Limerick’s glob...