Foresight Technologies to Bolster Arizona’s Semiconductor Sector with New Production Facility
TEMPE, AZ (June 26, 2023) – Foresight Technologies is set to enhance its production capabilities with a new Center of Excellence for hi purity fluid and chemical system equipment on its Tempe, Arizona campus. This expansion aims to create 250 new jobs, effectively doubling the company’s workforce.
The Foresight Technology Center (FTC) will integrate into the existing 80,000-square-foot Tempe facility with an additional 100,000-square-foot building, expected to be fully operational by the third quarter of 2023. The center aims to collaborate with OEMs and Semiconductor Fabs for the development and manufacturing of high purity fluid delivery systems, targeting both the semiconductor and chemical industries.
Jeff Hull, Foresight’s Chief Executive, expressed enthusiasm about the company’s growth, stating, We are excited to make this significant commitment to support the global semiconductor market. Foresight has been based in Arizona since 1995 and experienced continued growth due to the relationships with leading semiconductor OEMs and proximity to the largest concentration of semiconductor fabs in the U.S. Growing and expanding our capabilities at our Tempe site was an easy choice.
The new center will specialize in Hi Purity Equipment Integration and Fluid Acceptance Test facilities, catering to Leading Edge OEM Modules, Slurry Systems, Chemical Distribution, Valve Manifold Boxes, and other equipment. It will serve customers both nationwide and overseas, aiming to boost capacity, reduce costs, and provide local support while maintaining strategic relationships and protecting intellectual property.
Arizona Commerce Authority President and CEO Sandra Watson highlighted the significance of Foresight’s expansion, stating, Foresight’s expansion adds to Arizona’s fast-growing semiconductor ecosystem. The Foresight Technology Center will expand our semiconductor supply chain while creating skilled jobs. We are grateful to Foresight for its continued commitment to Arizona, furthering the state as a premier destination for advanced semiconductor operations.
Since its establishment in 1995, Foresight Technologies has been a leader in the production of hi purity chemical components and equipment, operating facilities in Tempe and Penang, Malaysia. The company’s success is attributed to its focus on vertical integration, enabling faster delivery, enhanced quality control, and reduced costs compared to competitors.
Tempe Mayor Corey Woods praised Foresight’s influence in the community, saying, Foresight has been a vital technology leader in our community for years. Not only does Foresight Technologies bring high-quality jobs to our city, but their international reputation for excellence enhances our city’s status as a technology magnet.
This expansion underscores Arizona’s burgeoning semiconductor industry, with recent developments by companies such as Moov, Cactus Materials in Tempe, Edwards in Chandler, and Benchmark in Mesa.
For more information about Foresight Technologies, visit their official website.
Read More Here
