TSX, NYSE:STN
Stantec, a global leader in sustainable design and engineering,
and its partner Drees & Sommer have been selected for Silicon
Box’s new €3.2 billion state-of-the-art semiconductor assembly and
test facility in Northern Italy. Stantec will provide architecture
for the administration areas and infrastructure design including
overall permitting services.
Scheduled to begin operations in 2028, the new facility will be
located close to Novara, Piedmont, and is expected to create
approximately 1,600 jobs in the region. As Silicon Box’s second
asset, it will emulate the company’s state-of-the-art automated
flagship facility in Singapore, which offers the world’s most
advanced large-format panel-level semiconductor packaging
solutions.
“The global market is looking for a more secure and robust
electronics supply chain. Silicon Box’s expansion into Italy is a
significant catalyst to this growing ecosystem in Europe,”
said Leonard Castro, Stantec’s executive vice president
for Buildings. “By uniting our local presence with global expertise
in this space, we’re uniquely positioned to support Silicon Box
with this expansion.”
Drees & Sommer, a global provider of single source
consultation and implementation services for the real estate,
infrastructure and industrial markets, is providing industrial
engineering, architecture, structural engineering, and
mechanical/electrical engineering as well as clean room/dry room
design services for the production and central utility
buildings.
Silicon Box is an advanced semiconductor integration facility
specializing in enabling chiplet architecture and high-performance
packaging solutions essential for next generation semiconductors,
and this project marks its first manufacturing expansion outside of
Singapore.
"Silicon Box selected Stantec for its global expertise in
building cutting-edge manufacturing facilities. Their partnership
with Drees & Sommer highlights a dedication to excellence, and
both companies bring a wealth of experience drawn from their
extensive global portfolios, providing us with confidence to align
with the expectations of Europe and the Italian central and local
governments,” said Mike Han, head of business at Silicon Box. “We
were impressed with Stantec’s dedication to sustainable
development, which will enable Silicon Box’s Novara foundry to
align with Europe’s high environmental and community standards. Our
recent kick-off workshop has set a strong foundation for the design
phase, and we look forward to execution.”
Bringing innovation to ItalyWith a goal to
develop advanced technologies that are critical to scale next
generation applications with lower-cost, enhanced performance and
flexibility, the new facility is expected to serve as a catalyst
for broader advanced manufacturing investments and innovation in
Italy. It will enhance the country’s competitive strengths on key
initiatives such as artificial intelligence, data centers, mobile
technologies, electric vehicles, radio frequency power amplifiers,
wearables, and edge computing.
These initiatives reflect Silicon Box’s commitment to its
broader investment strategy in the semiconductor industry. They
also align with the Italian government and European Commission’s
goals of driving innovation and building a more resilient
semiconductor supply chain.
Stantec’s design will embrace the highest environmental
standards, focusing on sustainability and minimizing environmental
impact per the European Commission’s current and future
requirements.
Expanding production across the globeStantec’s
industry-leading integrated architectural and engineering team
works with the global industrial sector, helping clients improve
their operations, reduce costs, and optimize production flows.
Silicon Box’s plant marks one of several major advanced
manufacturing projects currently in design by Stantec,
including the Qcells solar power manufacturing facility, a
$2.5 billion investment that will quadruple its production
capacity; Form Factory 1 iron-air battery production facility, a
fast-tracked new plant to mass produce low-cost, grid-scale
batteries; and Agratas battery cell manufacturing
facility, a new £4 billion battery plant.
Learn more about Stantec’s innovative industrial building design
solutions.
About Stantec
Stantec empowers clients, people, and communities to rise to the
world’s greatest challenges at a time when the world faces more
unprecedented concerns than ever before.
We are a global leader in sustainable engineering, architecture,
and environmental consulting. Our professionals deliver the
expertise, technology, and innovation communities need to manage
aging infrastructure, demographic and population changes, the
energy transition, and more.
Today’s communities transcend geographic borders. At Stantec,
community means everyone with an interest in the work that we
do—from our project teams and industry colleagues to our clients
and the people our work impacts. The diverse perspectives of our
partners and interested parties drive us to think beyond what’s
previously been done on critical issues like climate change,
digital transformation, and future-proofing our cities and
infrastructure.
We are designers, engineers, scientists, project managers, and
strategic advisors. We innovate at the intersection of community,
creativity, and client relationships to advance communities
everywhere, so that together we can redefine what’s possible.
Stantec trades on the TSX and the NYSE under the symbol STN.
Visit us at stantec.com or find us on social media.
Cautionary Note Regarding Forward-Looking
StatementsThis news release contains forward-looking
statements regarding the initiatives and projects described above.
Forward-looking statements also include any other statements that
do not refer to historical facts. By their nature, forward-looking
statements are based on assumptions and subject to inherent risks
and uncertainties. There is a risk that the initiatives and
projects described above may be delayed, cancelled, suspended, or
terminated. This could cause future results to differ materially
from the forward-looking statements made in this news release.
Except as may be required by law, Stantec undertakes no obligation
to publicly update or revise any forward-looking statements.
Forward-looking statements are provided herein for the purpose of
giving information about the initiatives and projects referred to
above and their expected impact. Readers are cautioned that such
information may not be appropriate for other purposes.
Media ContactSusan BenderStantec Media
RelationsPh: (267) 773-9593susan.bender@stantec.com |
Investor ContactJess NieukerkStantec Investor
RelationsPh: (403) 569-5389 ir@stantec.com |
Grafico Azioni Stantec (NYSE:STN)
Storico
Da Gen 2025 a Feb 2025
Grafico Azioni Stantec (NYSE:STN)
Storico
Da Feb 2024 a Feb 2025