Emd Electronics Announces $1 Billion Investment In Us To Support Semiconductor Customers
PRIVATEDec 07, 2021
Amount Raised
$1 Billion
Round Type
Venture
Tempe
Description
EMD Electronics, the North American Electronics business of Merck KGaA, Darmstadt, Germany, today announced approximately $1 billion in investments through 2025 in the US to accelerate growth opportunities in the electronics market. EMD Electronics will heavily invest in R&D and capacity. Over the next five years, the company plans to spend around $2.5 billion globally in long-term fixed assets (CapEx) in Semiconductor and Display Solutions.
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Company Information
Company
Emd Electronics
Location
Tempe, Arizona, United States
About
EMD Electronics is the North American electronics business of Merck KGaA, Darmstadt, Germany. EMD Electronics' portfolio covers a broad range of products and solutions, including high-tech materials and solutions for the semiconductor industry as well as liquid crystals and OLED materials for displays and effect pigments for coatings and cosmetics. Today, EMD Electronics has approximately 2,000 employees around the country, with regional offices in Tempe (AZ) and Philadelphia (PA). For more information, please visit www.emd-electronics.com.
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Tempe