ASML wants to expand in the Eindhoven region but has a Plan B if that fails
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ASML to stay and grow in Eindhoven area, creating up to 20,000 jobs
Chip giant ASML is set to create up to 20,000 jobs with a potential expansion in Eindhoven, marking a major win for the Dutch tech industry. ASML's expansion plans will likely involve the Brainport Industries Campus (BIC) west of the city, a significant victory for the outgoing Cabinet's backroom negotiations with the company, nicknamed "Project Beethoven."
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ASML, Eindhoven sign development deal bringing 20,000 jobs
Chip machinery maker ASML is planning a major expansion in the Eindhoven region, putting rumours it may leave the Netherlands to bed and adding up to 20,000 workers to its local workforce. The company and Eindhoven city council on Monday signed a non-binding statement of intent, including a commitment to develop the northerly part of the “Brainport” industrial area where much of the city’s high tech industry is concentrated. Last month the government announced a €2.5 billion package of measures
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Chip giant ASML plans Eindhoven expansion in big win for Dutch tech
In a major win for the Dutch tech industry, chip giant ASML intends to remain and further expand in the Netherlands. The chip machine manufacturer has signed a non-binding letter of intent with the City Council of Eindhoven, eyeing a potential expansion at the Brainport Industries Campus (BIC), west of the city. Located at Eindhoven’s Brainport region — a major tech and innovation hub in Europe — BIC is dedicated to the high-tech manufacturing industry. For ASML, BIC represents an...