Fairchild Semiconductor to Retain Mountain Top Facility
November 15 2011 - 4:05PM
Business Wire
Fairchild Semiconductor (NYSE: FCS), a leading global supplier
of high performance power and mobile products, announced today that
it has decided to keep open the Mountain Top, Pennsylvania wafer
fabrication site, reversing its March 2009 announcement to close
the facility.
Since the original closure announcement, Fairchild has more than
doubled its sales of the high voltage and automotive products which
the Mountain Top facility supports. The products produced in the
facility enable Fairchild’s industry-leading customers to
significantly improve electrical efficiency in a wide range of
industrial and appliance applications as well as improve fuel
efficiency in automobiles while reducing cost of ownership.
Fairchild expects to continue the rapid expansion of these
businesses and determined that retaining the Mountain Top facility
will be essential to supporting our customers’ current and future
needs.
"The strong growth of the product lines supported by the
dedicated employees at our Mountain Top facility enabled us to make
today’s announcement,” said Mark Thompson, President, Chairman and
CEO, Fairchild Semiconductor. “I am confident our employees at the
Mountain Top facility will continue to deliver the high quality
products our customers have come to expect while constantly
striving to improve efficiency and costs to keep Fairchild highly
competitive.”
The Mountain Top facility has been in operation since 1960,
manufacturing electronic components for over 50 years. It currently
employs over 220 people in a leading edge 200mm semiconductor wafer
manufacturing facility. This news is exciting to the local
community as the site has a highly skilled, well-compensated
workforce. Fairchild plans to work with employees as well as local
and state government officials to explore future expansion
opportunities to support its growing business while improving
efficiency and costs as it competes within a global
environment.
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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