STOCK TITAN

New Vishay Facility in Mexico Boosts Company’s Power Inductor Manufacturing Capacity

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary
Vishay Intertechnology opens new manufacturing facility in Mexico for power inductors, plans to roll out commercial product by end of 2023
Positive
  • Vishay's new facility in Mexico will significantly increase their power inductor manufacturing capacity
  • The company plans to double their global inductor capacity
Negative
  • None.

Vishay La Laguna Set to Roll Out Commercial Product by Year’s End

MALVERN, Pa., Sept. 07, 2023 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc. (NYSE: VSH) today announced that the company has opened a new manufacturing facility in Gómez Palacio, Durango, Mexico, where its initial activity will be mass production of power inductors — small electronic components that store and manage energy for handheld devices, computers, automotive electronics, and in many other applications.

The new Vishay La Laguna S. de R.L. de C.V. is an 18,000 square meter, LEED v4-certified facility that will make a significant addition to Vishay’s power inductor manufacturing capacity, which already includes production lines in the United States, Israel, and China. At Vishay La Laguna, the company has equipment and production lines set up and is presently conducting the internal and international standards qualifications that will allow Vishay to manufacture commercial product by the end of 2023. Production of Automotive Grade power inductors will follow in 2024.

“Our La Laguna facility serves a number of strategic and logistical goals for Vishay and our power inductor customers in the United States and Europe, many of whom have established manufacturing facilities of their own in Mexico,” said Mike Husman, Senior Vice President at Vishay. “La Laguna will give us plenty of room to grow and to help us achieve our plan to double our global inductor capacity.”

In 2000, Vishay introduced the game-changing low profile IHLP® series, the first in a line of the most compact and efficient power inductors on the market today. With footprints as small as 2.5 mm by 2.0 mm, Vishay power inductors are used for energy storage and high current noise filtering in a vast range of end products.

About Vishay
Vishay manufactures one of the world’s largest portfolios of discrete semiconductors and passive electronic components that are essential to innovative designs in the automotive, industrial, computing, consumer, telecommunications, military, aerospace, and medical markets. Serving customers worldwide, Vishay is The DNA of tech.® Vishay Intertechnology, Inc. is a Fortune 1,000 Company listed on the NYSE (VSH). More on Vishay at www.Vishay.com.

The DNA of tech® is a registered trademark of Vishay Intertechnology. IHLP is a registered trademark of Vishay Intertechnology.

Vishay on Facebook: http://www.facebook.com/VishayIntertechnology
Vishay Twitter feed: http://twitter.com/vishayindust

Link to DNA of Tech image:
https://www.flickr.com/photos/vishay/50342588442/sizes/l/

For more information please contact:
Vishay Intertechnology
Peter Henrici, +1 408 567-8400
peter.henrici@vishay.com
or
Redpines
Bob Decker, +1 415 409-0233
bob.decker@redpinesgroup.com


Vishay Intertechnology, Inc.

NYSE:VSH

VSH Rankings

VSH Latest News

VSH Stock Data

2.29B
123.19M
0.45%
107.21%
7.83%
Semiconductors
Electronic Components & Accessories
Link
United States of America
MALVERN