Fairchild Semiconductor Assists in Building Workforce Housing for Bay Area Residents
April 27 2011 - 11:00AM
Business Wire
Today's challenging economic climate is driving the need for
community involvement more now than ever before. Fairchild
Semiconductor (NYSE: FCS) recognizes the need for corporate
responsibility and is pleased to announce their three year
sponsorship agreement with Habitat for Humanity Greater San
Francisco. The company will participate in Habitat’s newest and
most ambitious development to date in Greater San Francisco – a
four-story, 36 condominium development that will provide new,
affordable housing opportunities for local working families.
Fairchild will participate in routine team building projects
throughout the three year endeavor. The first one is scheduled
during the week of April 25 and will include approximately 30
employees who will fully staff the building project for the
day.
“We’re pleased to sponsor Habitat for Humanity Greater San
Francisco, and to take part in the building process in Daly City.
One of our corporate responsibility initiatives is to support
non-profit organizations like Habitat that improve the local
communities where we live and work,” said Mark Thompson, president,
CEO and Chairman. “Complementing our long history of innovation in
Silicon Valley with community partnerships is an important goal for
our company.”
“Habitat for Humanity Greater San Francisco is privileged to
form this partnership with Fairchild Semiconductor in our mission
to provide affordable housing for local working families,” said
Phillip Kilbridge, executive director of Habitat Greater San
Francisco. “Fairchild’s culture of philanthropy and volunteerism is
commendable and we are honored to have their participation in our
Daly City development, where many of their employees will
contribute hundreds of volunteer hours in the construction of our
Mission Street homes.”
Fairchild San Jose supports other community programs including:
ISMEE for teacher training, Silicon Valley Leadership Group Turkey
Trot Fittest Firm Competition, the Second Harvest Food Bank and the
San Jose Tech Museum.
The company’s corporate philanthropy program is aligned with
their business strategies and community relations efforts to help
make their communities, employees and company more successful.
Fairchild’s key initiatives are centered around: Community
Engagement; Health and Wellness; Pre-K to 12 Science, Technology
and Math Education; and Energy Efficiency.
Fairchild is a leading global supplier of high performance power
and mobile products. Annual revenues of $1.6 billion in 2010 place
Fairchild in the top ten semiconductor companies in Silicon Valley
and the company is ranked 35 worldwide.*
* Source: Silicon Valley 150, April 2011, IHS iSuppli, March
2011.
About Fairchild Semiconductor:
Fairchild Semiconductor (NYSE: FCS) – global presence, local
support, smart ideas. Fairchild delivers energy-efficient,
easy-to-use and value-added semiconductor solutions for power and
mobile designs. We help our customers differentiate their products
and solve difficult technical challenges with our expertise in
power and signal path products. Please contact us on the web at
www.fairchildsemi.com.
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