ASM International to invest €300M in Scottsdale, Arizona R&D expansion

ASM International announced a €300 million investment to expand its North American operations in Scottsdale, Arizona. The new facility will double the size of its current site and focus on R&D, including a clean room and lab equipment.

“ASM is investing €300 million over a period of up to five years to design and construct the new state-of-the-art site on more than 20 acres in Scottsdale, Arizona.”globenewswire.com

• 2 sources
• globenewswire.comASM announces €300M expansion of U.S. operations inASM International NVDec 5, 2023
• reuters.comASM International to invest $300 mln in Arizona expansion | ReutersToby SterlingDec 5, 2023

Summarized from public sources; check the original articles before acting on it.