ASM Lithography (ASML)

Type
Business expansion
Country
Netherlands
Region
Zuid-Nederland; Noord-Brabant; Zuidoost-Noord-Brabant
Location of affected unit(s)
Veldhoven
Sector
Manufacturing
(28) Manufacture of machinery and equipment
28 - Manufacture of machinery and equipment n.e.c.
28 - Manufacture of machinery and equipment n.e.c.
300 jobs
Number of planned job creations
Job creation
Announcement Date
17 January 2007
Employment effect (start)
Foreseen end date

Description

ASML, a manufacturer of machines for the production of integrated circuits or chips, announced on 17 January 2007 that it is going to invest in a new factory in Veldhoven and create 300 direct jobs in the Netherlands. Every new job at ASML is expected to create another 2.5 to 3 jobs at their suppliers and therefore an employment growth of 1,000 jobs is expected in the Noord-Brabant region. Last year ASML had some 5,600 employees worldwide, half of which were working in the Netherlands. CFO Peter Wennink announced that ASML wants to grow by 10% in 2007. Due to difficulties finding new employees in the Netherlands, ASML will try to attract foreign workers.

Sources

  • 18 January 2007: Het Financieele Dagblad

Citation

Eurofound (2007), ASM Lithography (ASML), Business expansion in Netherlands, factsheet number 64859, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/64859.