Analog Devices announced a new €630 million investment for the construction of a new 45,000 sq-ft Research & Development and manufacturing facility.
The facility at its European regional headquarters in the Raheen Business Park in Limerick, Ireland will support ADI’s development of signal processing innovations designed to accelerate the digital transformation of Industrial, Automotive, Healthcare, and other sectors.
It is expected to triple ADI’s European wafer production capacity and aligns with the company’s goal of doubling its internal manufacturing capacity.
This investment is expected to grow ADI’s employment footprint in the mid-west region of Ireland by 600 new positions, a significant increase to ADI’s current 1,500 employees in Ireland and 3,100 employees in Europe as a whole.
A year ago, ADI announced another investment of €100 million in ADI Catalyst, its 100,000 sq-ft custom-built facility for innovation and collaboration at its Limerick campus.
Ireland is also home to ADI’s main European Research and Development Center, which has generated more than 1,000 patents since its inception and has seeded ADI R&D sites throughout Europe in Spain, Italy, UK, Romania, and Germany.
“This next-generation semiconductor manufacturing facility and expanded R&D team will further extend ADI Limerick’s global influence,” said ADI CEO and Chair Vincent Roche in a news statement.