Advanced Energy’s 500,000 sq ft facility will manufacture leading-edge power delivery systems for the semiconductor market, and be capable of delivering revenue of up to $1 billion per year
DENVER, October 03, 2023–(BUSINESS WIRE)–Advanced Energy Industries, Inc. (Nasdaq: AEIS), a global leader in highly engineered, precision power conversion, measurement and control solutions, announced that it held a formal groundbreaking ceremony for a new state-of-the-art factory near Bangkok, Thailand. The new facility marks the next phase of Advanced Energy’s global capacity expansion, as it executes its strategy to support future revenue growth.
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