Politics & Government
Wilmington Tech Firm To Receive $105 Million Federal Investment
Analog Devices, Inc. was awarded the funds via the CHIPS and Science Act.
WILMINGTON, MA — Analog Devices, Inc.is slated to receive a federal investment of $105 million as part of the CHIPS and Science Act, according to a statement from U.S. Rep. Seth Moulton.
Analog is described as "a global leader in analog, mixed-signal, and digital signal processing technologies," the statement reads. The company has operations in Wilmington and Chelmsford.
"The 6th District is home to many of our nation’s most cutting-edge technology manufacturers — and (Analog) is a prime example," Moulton said in a statement. "Congress passed the CHIPS and Science Act to help strengthen American manufacturing, sharpen our competitive edge, and bolster national security. I’m thrilled that this law is continuing to have a direct, local impact."
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The Department of Commerce’s proposed investment of up to $105 million would support the company's projects in Massachusetts and the Pacific Northwest.
The investment in Massachusetts would enable the company to increase module production output for its packaging and test facility, which would expand capacity for commercial, space, and defense applications as well as new commercial phased array antenna and sensor solutions.
Find out what's happening in Wilmingtonfor free with the latest updates from Patch.
“Wilmington is proud to be the home of such an innovative company as Analog Devices," Wilmington Town Manager Eric Slagle said in a statement. "They have been a presence here in Town since 1981, and opened their global headquarters here in 2018, and all along the way, they have been a tremendous corporate partner to the Town. We are thrilled that they are getting this well-deserved grant from the Federal Government, and l look forward to continuing our partnership for years to come.”
Analog plans to build on its partnerships with local universities, community colleges, and other education partners "to advance the company’s workforce efforts and community investments."
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