Advanced Energy Expands Operations with New Service Center
Advanced Energy's Commitment to Innovation
Advanced Energy (NASDAQ: AEIS) has recently unveiled a new design and service center in the Greater Boston Area, marking a significant milestone in the company's growth trajectory. This facility demonstrates Advanced Energy's ongoing commitment to spearheading advancements in precision power conversion, measurement, and control solutions.
Strategically Positioned in a Tech Hub
Situated in Wilmington, MA, the new center is strategically located within the flourishing Boston tech corridor. This prime location not only enhances the company’s operational capabilities but also provides access to a robust talent pool from nearby top-tier educational institutions such as MIT and Northeastern University.
Facilities Designed for Advanced Technologies
The new center features a combination of laboratory and office space tailored for up to 50 employees. This setup supports Advanced Energy's ambitious growth strategy by facilitating the rapid launch of cutting-edge technology platforms while streamlining the path to high-volume production of new products.
Enhancing Product Development and Time-to-Market
Steve Kelley, president and CEO of Advanced Energy, emphasized the importance of this new facility in the company’s operational framework. He stated, “Our new Wilmington facility allows us to tap into local talent and strengthen our leadership in key areas such as semiconductor plasma applications and advanced medical equipment.” By reducing time-to-market for innovative solutions, Advanced Energy aims to maintain its competitive edge.
World-Class Work Environment
The design and service center is not just about cutting-edge labs; it also boasts modern office amenities including a gym and cafeteria designed to foster employee well-being and collaboration. As part of this expansion, Advanced Energy is actively hiring for essential roles to ensure the center operates at full capacity.
About Advanced Energy
Advanced Energy has over four decades of experience in the design and manufacturing of precision power solutions for mission-critical applications across diverse industries such as semiconductor equipment, telecommunications, and healthcare. With its headquarters in Denver, Colorado, the company is known for its commitment to customer service and technological innovation. Its comprehensive approach involves partnering with clients to meet technological advancements and drive their growth.
The solutions developed at Advanced Energy enable customers to push the boundaries of innovation in complex applications, propelling industry standards forward. This recent expansion is a testament to the company's ongoing evolution and dedication to delivering performance excelled by quality and service.
Frequently Asked Questions
What are the main objectives of Advanced Energy's new facility?
The Wilmington design and service center aims to enhance product development capabilities, reduce time-to-market, and strengthen the company's market position.
How does Advanced Energy benefit from its new location?
The facility's proximity to esteemed academic institutions allows Advanced Energy to recruit top talent and collaborate with innovative minds.
What types of industries does Advanced Energy serve?
Advanced Energy provides precision power solutions to a variety of sectors, including semiconductor manufacturing, telecommunications, industrial manufacturing, and healthcare.
What are the employee benefits at the new service center?
The new facility offers modern amenities like a gym and cafeteria, promoting a healthy work-life balance for its employees.
How many employees does the new center accommodate?
The Wilmington center is designed to support up to 50 employees, aligning with the company’s growth strategy.
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