KLA Announces Grand Opening of $200 Million Second Headquarters in Ann Arbor, Michigan

Rhea-AI Summary

KLA Corporation (NASDAQ: KLAC) has officially opened its $200 million second U.S. headquarters in Ann Arbor, Michigan. The facility will support over 600 employees, with plans for additional hires. This site will host KLA's AI Center of Excellence and a significant clean room to advance semiconductor manufacturing. The six-story, 230,000-square foot campus also features sustainable design elements. KLA, a leader in semiconductor equipment, generated over $6 billion in revenue in 2020 and aims to enhance its operational capabilities to meet the increasing demands of its global customer base.

Positive

• Opening of a $200 million facility in Ann Arbor, Michigan.
• Creation of over 600 jobs with plans for additional hires.
• Establishment of an AI Center of Excellence to advance semiconductor manufacturing.
• Significant investment in sustainable design and operational capabilities.

Negative

• None.

MILPITAS, Calif., Nov. 5, 2021 /PRNewswire/ -- KLA Corporation (NASDAQ: KLAC) today announced the official opening of its second U.S. headquarters, a $200 million facility in Ann Arbor, Michigan. Following its 2018 announcement to invest and break ground in Ann Arbor, KLA opens its new campus with a locally-based leadership team and more than 300 employees, with plans for an additional 300 hires over the next 12 to 18 months.

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"With the opening of its new facility, KLA is helping us build Michigan's future," said Michigan Governor Gretchen Whitmer. "The next generation of technology and innovation are happening right here in Ann Arbor, thanks to KLA and partners including the Michigan Economic Development Committee and University of Michigan. With KLA's bold investment and commitment to the community, we'll continue growing Michigan's economy, creating good-paying jobs, and securing our position on the world's high-tech stage. Together, we will usher in a new era of prosperity for our families and communities."

KLA is a Fortune 500 and global technology company that develops industry-leading equipment and services for the manufacturing of semiconductors, enabling innovation throughout the electronics industry. The new headquarters is home to KLA's AI Center of Excellence where machine learning applications help advance semiconductor manufacturing. Also constructed on campus is a 51,000-square foot clean room—one of the largest in Michigan—to support the R&D of KLA's semiconductor manufacturing tools used around the world. Corporate functions including supply chain, procurement, IT, finance, legal and HR will also be operated out of the campus, led by a diverse executive team based in Ann Arbor.

The six-story, 230,000-square foot building was designed as a sustainable campus. Situated in a beautiful forest, the structure features a state-of-the-art green roof and a monumental atrium. Employees can also enjoy a woodland trail, onsite cafeteria, coffee shop, fitness center and electric vehicle charging stations.

Rick Wallace, KLA president and chief executive officer, added, "Michigan has proven to offer impressive and diverse talent, rich cultural life, scenic surroundings and proximity to university and automotive partners. Our Ann Arbor headquarters will not only play a critical role in serving the growing demands of our global customer base, but also in driving our mission to advance humanity. At KLA Ann Arbor, the future is ours to create." 

KLA's founding headquarters are located in Milpitas, Calif., in Silicon Valley. Throughout its 45-year history, the company has been part of the most significant technological breakthroughs. Virtually no laptop, smartphone or smart car could be made without KLA technology. Every single chip produced passes through a KLA machine and 59,000 of its tools are in use worldwide. The company today employees more than 12,000 people in 19 countries and earned more than $6 billion in revenue in calendar year 2020.  

More information about KLA Ann Arbor may be found at www.kla.com/michigan. Those interested in careers at KLA can visit www.kla.com/careers.

About KLA:

KLA Corporation ("KLA") develops industry-leading equipment and services that enable innovation throughout the electronics industry. We provide advanced process control and process-enabling solutions for manufacturing wafers and reticles, integrated circuits, packaging, printed circuit boards and flat panel displays. In close collaboration with leading customers across the globe, our expert teams of physicists, engineers, data scientists and problem-solvers design solutions that move the world forward. Additional information may be found at: www.kla.com.

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SOURCE KLA Corporation

FAQ

What is the significance of KLAC's new headquarters in Ann Arbor?

The new headquarters represents a $200 million investment and will support over 600 jobs, enhancing KLA's operational capabilities.

How many employees will the new KLA facility hire?

KLA plans to employ over 600 people at the new Ann Arbor headquarters, with additional hires expected.

What features does KLA's Ann Arbor headquarters include?

The facility includes an AI Center of Excellence, a large clean room, and is designed with sustainable features.

How did KLA perform financially in 2020?

KLA reported over $6 billion in revenue for the calendar year 2020.