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ON Semiconductor to Further Expand Facility in Pocatello, Idaho

^{Published on 2010-11-04 14:10:44 - Market Wire}
 

PHOENIX--([ BUSINESS WIRE ])--ON Semiconductor (Nasdaq: [ ONNN ]), a premier supplier of high performance silicon solutions for energy efficient electronics, plans to install another $15.7 million worth of production equipment in its eight-inch Pocatello, Idaho, wafer manufacturing facility during the next six months. This investment is in addition to the company's announcement in June of an $11 million equipment expansion.

"This second capital investment further secures current jobs at the Pocatello facility, will lead to additional hiring, and is an indicator of ON Semiconductora™s commitment to its operations here in Pocatello"

aThis second capital investment further secures current jobs at the Pocatello facility, will lead to additional hiring, and is an indicator of ON Semiconductora™s commitment to its operations here in Pocatello,a said John Spicer, ON Semiconductor's Pocatello site manager. "I want to thank Idaho Governor Butch Otter, the Bannock County Board of Commissioners and the City of Pocatello for working with us in support of this expansion.a

ON Semiconductor currently employs approximately 635 people at its Pocatello facility. The local Pocatello campus houses ON Semiconductora™s Fab 10, an eight-inch wafer production facility specializing in the manufacture of application specific integrated circuits (ASICs) and standard products for the automotive, medical, industrial and military/aerospace markets.

About ON Semiconductor

ON Semiconductor (Nasdaq: ONNN) is a premier supplier of high performance silicon solutionsfor energy efficient electronics. The company's broad portfolioof power and signal management, logic, discrete and custom devices helps customers efficiently solve theirdesign challengesin [ automotive, communications, computing, consumer, industrial, LED lighting, medical, military/aerospace and powerapplications ].ON Semiconductor operates aworld-class, value-added supply chain and a network of manufacturing facilities, sales offices and design centers in key markets throughout North America, Europe and the Asia Pacific regions. For more information, visit [ http://www.onsemi.com ].

ON Semiconductor and the ON Semiconductor logo are registered trademarks of Semiconductor Components Industries, LLC. All other brand and product names appearing in this document are registered trademarks or trademarks of their respective holders. Although the company references its Web site in this news release, such information on the Web site is not to be incorporated herein.