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onsemi acquires former NextGen fab in DeWitt, New York for $120M · Endata

◂ Announcements

Semiconductors and Industrial Electronicsworld trade 2024+6.8% 5Y CAGR

Mar 6, 2025ACQUISITIONDeWitt, New York, United States

onsemi acquires former NextGen fab in DeWitt, New York for $120M

onsemi has acquired the former NextGen fab facility in DeWitt, New York, where it plans to invest nearly $120 million and create 80 new jobs in the semiconductor industry. The project includes an R&D phase and a manufacturing phase.

Value

$120.0M

Jobs

80

Status

Announced

Productssemiconductor technology

Companiesonsemi acquirer

Sectors#Semiconductors and Industrial Electronics

“onsemi has acquired the former NextGen fab facility in DeWitt where it plans to make a nearly $120 million investment and ultimately create 80 new jobs in the semiconductor industry.”onondaga.gov

1 source
onondaga.govCounty Executive McMahon Announces Semiconductor Company “onsemi” Coming to Onondaga County - CommunicationsJames BeebeMar 6, 2025

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

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