{"id":787649,"date":"2023-10-03T07:28:38","date_gmt":"2023-10-03T11:28:38","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/advanced-energy-breaks-ground-on-flagship-factory-in-thailand\/"},"modified":"2023-10-03T07:28:38","modified_gmt":"2023-10-03T11:28:38","slug":"advanced-energy-breaks-ground-on-flagship-factory-in-thailand","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/advanced-energy-breaks-ground-on-flagship-factory-in-thailand\/","title":{"rendered":"Advanced Energy Breaks Ground on Flagship Factory in Thailand"},"content":{"rendered":"<p>        <!--body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>Advanced Energy Breaks Ground on Flagship Factory in Thailand<\/b><\/p>\n<p><b><i>Advanced Energy\u2019s 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<\/i><\/b><\/p>\n<p>DENVER&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nAdvanced 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\u2019s global capacity expansion, as it executes its strategy to support future revenue growth.<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20231003873467\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20231003873467\/en\/<\/a><\/p>\n<div id=\"bwbodyimg\" style=\"width: 480px;float:left;padding-left:0px;padding-right:20px;padding-top:0px;padding-bottom:0px\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20231003873467\/en\/1905366\/4\/AE-900057.jpg\" alt=\"Advanced Energy\u2019s 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 (Photo: Business Wire)\" \/><\/p>\n<p style=\"font-size:85%\">Advanced Energy\u2019s 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 (Photo: Business Wire)<\/p>\n<\/div>\n<p>\nThe flagship 500,000 sq ft facility, at full production levels, is expected to employ roughly 2,500 engineers, technicians and operators and be capable of delivering up to $1 billion in annual revenue. The primary focus of the facility will be on products for the semiconductor market. Over time, products for industrial and medical applications are also planned to be produced at the facility.<\/p>\n<p>\n\u201cOur expansion in Thailand is an important part of our long-term strategy to improve operational efficiency and flexibility. With its robust transportation network, an established regional ecosystem of suppliers and subcontractors and a skilled labor force, Rojana Laem Chabang, Thailand is the ideal location for our new flagship manufacturing facility,\u201d said Steve Kelley, Advanced Energy\u2019s president and CEO, during the ceremony.<\/p>\n<p>\nThe groundbreaking was attended by members of Advanced Energy\u2019s senior management and representatives from multiple AE customers, key suppliers, and local partners including from the Laem Chabang industrial estate where the factory is being built.<\/p>\n<p><b>About Advanced Energy<\/b><\/p>\n<p>\nAdvanced Energy Industries, Inc. (Nasdaq: AEIS) is a global leader in the design and manufacture of highly engineered, precision power conversion, measurement and control solutions for mission-critical applications and processes. Advanced Energy\u2019s power solutions enable customer innovation in complex applications for a wide range of industries including semiconductor equipment, industrial production, medical and life sciences, data center computing, networking and telecommunications. With engineering know-how and responsive service and support for customers around the globe, the company builds collaborative partnerships to meet technology advances, propels growth of its customers and innovates the future of power. Advanced Energy has devoted four decades to perfecting power. It is headquartered in Denver, Colorado, USA.<\/p>\n<p>\nFor more information, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.advancedenergy.com&amp;esheet=53569112&amp;newsitemid=20231003873467&amp;lan=en-US&amp;anchor=www.advancedenergy.com&amp;index=1&amp;md5=e4d68da101a4f00841614c6eafd54bc2\">www.advancedenergy.com<\/a>.<\/p>\n<p>\nAdvanced Energy | Precision. Power. Performance. Trust.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20231003873467r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20231003873467\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20231003873467\/en\/<\/a><\/span><\/p>\n<p>\nFor press inquiries, contact:<br \/>\n<br \/>Simon Flatt<br \/>\n<br \/>Grand Bridges for Advanced Energy Industries, Inc.<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:aei@grandbridges.com\">aei@grandbridges.com<br \/>\n<\/a><br \/>+1 415 800 4529<\/p>\n<p><b>KEYWORDS:<\/b> Colorado Thailand United States North America Asia Pacific<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Other Manufacturing Technology Semiconductor Engineering Other Energy Other Technology Manufacturing Energy Hardware<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20231003873467\/en\/1905360\/3\/AE_Logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20231003873467\/en\/1905366\/3\/AE-900057.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">Advanced Energy\u2019s 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 (Photo: Business Wire)<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Advanced Energy Breaks Ground on Flagship Factory in Thailand Advanced Energy\u2019s 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&#8211;(BUSINESS WIRE)&#8211; 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\u2019s global capacity expansion, as it executes its strategy to support future revenue growth. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20231003873467\/en\/ Advanced Energy\u2019s 500,000 sq ft facility will manufacture leading-edge power delivery &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/advanced-energy-breaks-ground-on-flagship-factory-in-thailand\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Advanced Energy Breaks Ground on Flagship Factory in Thailand&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-787649","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Advanced Energy Breaks Ground on Flagship Factory in Thailand - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/advanced-energy-breaks-ground-on-flagship-factory-in-thailand\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Advanced Energy Breaks Ground on Flagship Factory in Thailand - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Advanced Energy Breaks Ground on Flagship Factory in Thailand Advanced Energy\u2019s 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&#8211;(BUSINESS WIRE)&#8211; 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\u2019s global capacity expansion, as it executes its strategy to support future revenue growth. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20231003873467\/en\/ Advanced Energy\u2019s 500,000 sq ft facility will manufacture leading-edge power delivery &hellip; Continue reading &quot;Advanced Energy Breaks Ground on Flagship Factory in Thailand&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/advanced-energy-breaks-ground-on-flagship-factory-in-thailand\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-03T11:28:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mms.businesswire.com\/media\/20231003873467\/en\/1905366\/4\/AE-900057.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/advanced-energy-breaks-ground-on-flagship-factory-in-thailand\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/advanced-energy-breaks-ground-on-flagship-factory-in-thailand\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Advanced Energy Breaks Ground on Flagship Factory in Thailand\",\"datePublished\":\"2023-10-03T11:28:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/advanced-energy-breaks-ground-on-flagship-factory-in-thailand\\\/\"},\"wordCount\":528,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/advanced-energy-breaks-ground-on-flagship-factory-in-thailand\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mms.businesswire.com\\\/media\\\/20231003873467\\\/en\\\/1905366\\\/4\\\/AE-900057.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/advanced-energy-breaks-ground-on-flagship-factory-in-thailand\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/advanced-energy-breaks-ground-on-flagship-factory-in-thailand\\\/\",\"name\":\"Advanced Energy Breaks Ground on Flagship Factory in Thailand - 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