Fujifilm Electronic Materials announced the strategic investment of $350 million in its US business during its fiscal year period FY21-FY23. This $350 million represents approximately 35% of Fujifilm’s planned global investment of nearly $1 billion into its electronic materials business, including capital investment and R&D enhancements to meet expanding demand. This demand is based on expected long-term semiconductor market growth and the critical role that Fujifilm’s specialised chemicals and materials play in the semiconductor supply chain.
The planned US investment will support the development and manufacture of Fujifilm’s broad range of semiconductor materials and chemicals, particularly Chemical Mechanical Polishing (CMP) slurry and Photolithography related high purity materials. The investment will enable the continued expansion of manufacturing, quality, and R&D equipment at the company’s existing sites in Arizona, Rhode Island, Texas, and California. In addition to the capital investment, the company plans to add at least 120 new positions in chemistry, engineering, manufacturing, warehousing, and maintenance, by the end of 2024.
“We’re excited about Fujifilm’s expanded investment in its Electronic Materials business,” said Dr Brian O’Donnelly, president and CEO of Fujifilm Electronic Materials, USA, Inc. “The specialised electronic materials that Fujifilm provides with innovation and secured supply chain assurances are enabling our customers to manufacture logic, memory, and other integrated circuits that power current and next-generation electronic devices. Globally, Fujifilm recognises the importance of these materials as enabling many of the changes we see in our everyday lives, and this additional investment will ensure Fujifilm continues its growth as a leading solutions provider in this space.”
Fujifilm’s planned investment announcement comes on the heels of the company’s recently completed $88 million expansion of its electronic materials facility in Mesa, Arizona.
The added 80,000 square feet to the existing facility included five new buildings to expand Chemical Mechanical Polishing (CMP), high-purity solvents and process chemicals manufacturing capacity, warehousing, R&D and quality control laboratories, office space, and bulk chemical handling and storage. The expansion increased FujifilmElectronic Materials, USA, Inc.’s manufacturing capacity by around 30%.