Benchmark Intends to Invest $20M and Hire up to 100 People to Support the New
64,000 Sq. Ft. Facility Focused on Semiconductor Industry Growth in
the U.S.
TEMPE,
Ariz., March 3, 2023 /PRNewswire/ -- Benchmark
Electronics, Inc. (NYSE: BHE), a global provider of engineering,
design, and manufacturing services, today celebrated the grand
opening of its new Precision Technologies facility in Mesa, Arizona. The facility is designed to
provide a number of key engineering and manufacturing solution
services, most notably supporting the production of semiconductor
capital equipment building blocks and solutions. Benchmark intends
to invest roughly $20 million into
capabilities and technology at the new facility, in addition to
hiring 100 people to support this facility as the company ramps up
with customers.
"Benchmark is a key solution partner to the capital equipment
market worldwide and this new facility will enable us to support
our customers in the U.S. and across the globe with next generation
manufacturing and engineering solutions," said Jeff Benck, president and CEO, Benchmark. "The
investments we're making to serve these customers will be critical
to meeting the increasing demand for semiconductor capital
equipment, especially with the growth in demand for semiconductors
and new domestic fabs being built supported by the CHIPS Act
incentives."
Benchmark celebrated the grand opening alongside Arizona Governor Katie
Hobbs, Mesa Mayor
John Giles, ACA President and CEO
Sandra Watson, Benchmark customers,
and Arizona dignitaries across the
technology and economic development sectors who have been critical
to Benchmark's expansion in Arizona.
"We are proud to celebrate the grand opening of Benchmark's new
facility alongside the best and brightest technology leaders in
Arizona," said Governor
Katie Hobbs. "Since joining
Arizona's thriving technology
community, Benchmark has been an incredible partner, creating
skilled jobs and advancing Arizona's innovation reputation. We look
forward to seeing the great work done here at Benchmark Mesa to
further enhance our growing semiconductor industry."
Benchmark is expanding its footprint in Arizona and bringing the new facility online
today. The facility significantly expands the existing
cleanroom capacity across its Precision Technologies group with
additional opportunity for the vertical integration of key
processes. These processes will include unique metal joining
applications such as TIG welding and electron beam welding,
precision cleaning and other chemical finishes. The expanded
capacity will also bring new job opportunities in the region to
support the growth of the industries Benchmark serves.
"Because of years of hard work and targeted investments at
the local, state, and federal level, Arizona is well positioned to continue to lead
our country in advanced manufacturing," Rep. Greg Stanton said. "There's no better example
than Benchmark expanding their operations here in the East Valley.
This new cutting-edge facility will help us take control of our
semiconductor supply chains, protect our national security, and
create good-paying jobs here at home."
"There is a significant amount of momentum for the semiconductor
industry in Arizona and
Mesa is a big part of that story,"
said Mesa Mayor John Giles. "The expanding footprint of
Benchmark into Mesa further
solidifies our city's role in helping to supply the Valley's
growing semiconductor industry."
Benchmark retains one of the largest U.S. electronics
manufacturing footprints, with major production facilities in
California, Minnesota, Alabama, New
Hampshire, and Arizona. In
addition to its global headquarters in Tempe, the company now boasts three other
manufacturing facilities in the valley including Phoenix, Tempe, and now Mesa. The company's manufacturing services,
and global footprint are closely aligned to the semiconductor
industry's geographic needs and facilitate the ability for
customers to meet the rising demand. Benchmark's strategic
investments in facilities, capabilities, and technologies also
enhance engineering and manufacturing solutions close to the point
of consumption for the U.S., European, and Asian markets.
"Today's exciting grand opening represents Benchmark's third
since relocating its headquarters to Arizona in 2017," said Sandra Watson, President and CEO of the Arizona
Commerce Authority. "With a global reputation for excellence,
Benchmark Electronics' state-of-the-art operations will further
enhance Mesa's vibrant technology
industry and shows once again that Arizona is the nation's leading destination
for advanced manufacturing."
To learn more about Benchmark's services and capabilities in
semiconductor capital equipment, please visit the website at
www.bench.com.
About Benchmark Electronics, Inc.
Benchmark provides
comprehensive solutions across the entire product life cycle;
leading through its innovative technology and engineering design
services; leveraging its optimized global supply chain; and
delivering world-class manufacturing services in the following
industries: commercial aerospace, defense, advanced computing,
next-generation telecommunications, medical, complex industrials,
and semiconductor capital equipment. Benchmark's global operations
include facilities in seven countries and its common shares trade
on the New York Stock Exchange under the symbol BHE.
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SOURCE Benchmark Electronics, Inc.