Maxim Integrated Products plans to spend $75 million to upgrade its semiconductor factory in Beaverton.
The Silicon Valley company bought the 226,000 square-foot facility from Tektronix in 1994. Maxim said it currently employs 540 there, plus another 300 at an administrative and engineering facility in Hillsboro.
Maxim’s makes mixed-signal and analog semiconductors, which don’t require the latest manufacturing technology, nor the multibillion-dollar investments that go along with keeping current.
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