Merck invests in Tempe, Ariz. production facilities
By Mary Page Bailey |
February 9, 2021
Merck KGaA (Darmstadt, Germany) announced an investment of $22 million at its site in Tempe, Arizona. The company previously leased the 95,000 square-foot facility from Lexington Tempe L.P.
This investment gives Merck KGaA, Darmstadt, Germany the flexibility to invest in its production facilities and strengthen its R&D capabilities in its global network of high-tech locations.
“We’ve operated out of Tempe for almost ten years. By purchasing the facility we are demonstrating our clear commitment to the site. We want to retain top talent in the area, being within close proximity to our west-coast customers is very important for us as well,” said Jeff White, President of EMD Performance Materials, the US-based Performance Materials business of Merck KGaA. “Also from an economic point of view the purchase makes sense. It came at a reasonable price which allows more long-term planning into future R&D and production investments, further strengthening our position in the electronics market,” he continued.