Analog Devices invests €630m in Limerick facility
Semiconductor manufacturer Analog Devices (ADI) is investing €630 million in its European regional headquarters in Raheen Business Park, Limerick. The investment enables the construction of a new, state-of-the-art, 45,000sq ft research & development and manufacturing facility.
The new site 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 to enhance the resiliency of its global supply chain and better serve customer needs. 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.
The announcement comes a year after ADI announced a separate investment of €100 million in ADI Catalyst, its 100,000sq ft custom-built facility at its Limerick campus. Ireland is also home to ADI’s main European research and development centre, 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.
“Since 1976, Ireland has been a critical innovation center for ADI, thanks to its strong academic and research organisations, business ecosystem, and progressive government leadership,” said ADI CEO and chair Vincent Roche (pictured). “This next-generation semiconductor manufacturing facility and expanded R&D team will further extend ADI Limerick’s global influence. Through organic R&D and close collaboration with our customers and ecosystem partners, we are striving to solve some of the world’s greatest challenges and enable a more efficient, safer, and sustainable future.”
The new investment is planned as part of a collaboration within the European Union’s Important Projects of Common European Interest on Microelectronics and Communication Technologies initiative, and will support cross-border collaborative research. ADI’s IPCEI application – Ireland’s first since the inception of the Important Projects of Common European Interest initiative – is subject to final approval from the European Commission, and is supported by IDA Ireland.
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