ATREG, Inc. recently confirmed its role as an advisor for two of Onsemi’s operational manufacturing facilities in the U.S. and Europe.
One of the operations derived from the terms of Onsemi’s deal with Diodes Incorporated for its 200mm fab located in South Portland, Maine, while the other was created in a sale of the company’s automotive-certified 150mm facility in Oudenaarde, Belgium, launched in partnership with BelGaN Group BV.
“We expect demand for 200mm brownfield fabs to continue to rise in 2022 as manufacturers attempt to mitigate the global chip shortage,” said Stephen Rothrock, founder, president and CEO of ATREG. “With Europe’s IPCEI program, the 150mm Oudenaarde fab will not only continue chip production, but also update its manufacturing processes to new technologies over time.”
Onsemi’s executive vice president, global manufacturing and operations, Wei-Chung Wang said the project serves as one of many fab transactions the companies have collaborated on.
“In an active market, one should not underestimate the time it takes to successfully complete a fab disposition. It is a testament to the Onsemi team that these deals were executed in a relatively quick timeframe,” Rothrock said.
Based in Seattle, ATREG specializes in solutions for companies around the world undergoing infrastructure, technology and manufacturing asset acquisitions. Its catalog of clients spans from semiconductor fabs, to cleanroom facilities and technology campuses across North America, Europe and Asia.
“For our South Portland facility, ATREG ran a highly competitive and expedited process,” Wang said. “With regards to our Belgium fab, ATREG brought an innovative buyer that can take full advantage of available European funding to develop new technologies and prolong the fab’s life.”