# Okmetic invests €40M in MEMS wafer production expansion in Vantaa

Okmetic will invest €40 million in a new factory building at its Vantaa plant to produce C-SOI wafers for MEMS applications, with construction starting in spring 2017 and completion by end of 2018.

- Type: Investment
- Announced: 2017-03-30
- Where: Vantaa, Finland
- Value: $43.0M (40.0M EUR)
- Starts operating: 2018
- Status: announced
- Products: C-SOI wafers, MEMS sensor wafers
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Okmetic](https://endata.com/companies/23209.md)

## Sources

- [eenewseurope.com](https://www.eenewseurope.com/en/okmetic-invests-e40-million-in-mems-wafer-production/), 2017-03-30: "This is a major commitment to create new capabilities both in products and production."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.