Pfeiffer Vacuum, a provider of vacuum solutions for the semiconductor, industrial, coating, analytical and R&D markets, has celebrated the expansion of its facility in Wuxi, China.
Double its original size, the new, expanded facility marks a significant milestone in Pfeiffer Vacuum's development in China, as it allows the company to better respond to local customers’ needs while supporting its strategic growth in the local coating and semiconductor market.
“This is part of our new growth strategy which includes a global investment program of €150 million”, said Hugh Kelly, representative of the management board, “In addition to providing after-sales service, the bigger facility will now also allow for the production of dry pumps and our new leak detection systems ATC, as well as the assembly of pumping stations. With the introduction of industry-leading technologies and equipment, Pfeiffer Vacuum is better poised to react to the needs of local customers.”
At the 2019 annual general meeting, Pfeiffer Vacuum shared eight strategic pillars of the company, with Eric Taberlet, CEO of Pfeiffer Vacuum Technology highlighting the importance of the Chinese market to the company's development. As one of the key cities in the Yangtze River Delta region, Wuxi has been receiving strong government support to develop its semiconductor, electronics and solar industry. The expanded facility not only strengthens Pfeiffer Vacuum's presence in China but also enables closer proximity to its customers in China as well as the wider Asia market.
https://compoundsemiconductor.net/article/109155/Pfeiffer_Vacuum_Opens_New_Plant_In_China
DARPA Electronics Resurgence Initiative has to be expanded and given more resources.
https://www.darpa.mil/work-with-us/electronics-resurgence-initiative