<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=192888919167017&amp;ev=PageView&amp;noscript=1">
Wednesday,  May 1 , 2024

Linkedin Pinterest
News / Business / Business Briefs

ON Semiconductor acquisitions feed growth

By The Oregonian
Published: May 29, 2016, 4:30pm

GRESHAM, Ore. — A wave of consolidation sweeping over the semiconductor industry is washing into Gresham and bringing more jobs with it.

ON Semiconductor celebrates its 10th anniversary in Oregon this month, marking a decade since it bought LSI’s aging Gresham factory for $105 million. In the years since, ON Semi has made a half-dozen acquisitions of other chip companies and it’s buying Fairchild Semiconductor for $2.4 billion.

The deals have added to the workload in Gresham, where ON Semi employs 750 people, 50 percent more than it had when it arrived in 2006. The Arizona company plans to add 30 jobs this year.

Loading...