Maxim to expand US fabs, hire staff

Maxim is to invest $200million over the next two years to upgrade its US fabs. According to the company, the investment will upgrade manufacturing equipment, improve process technologies, convert to newer technology nodes and assimilate production from recently acquired companies. Currently, the company has fabs in Oregon, Texas and California.

"Maxim has an extremely talented workforce doing technology development in Silicon Valley and cost competitive manufacturing in our US wafer fabs, where we make about 50% of our products," said Tunç Doluca, pictured, Maxim's president and ceo. "We are investing in our US infrastructure to build intellectual property and enable a competitive edge." Maxim employs some 1000 manufacturing cleanroom workers in its four US fabs and expects to increase this number as expansions are completed and production ramps to capacity.