EANS-News: AT & S Austria Technologie & Systemtechnik Aktiengesellschaft / AT&S Supervisory Board approves investment project in Southeast Asia | Brandaktuell - Nachrichten aus allen Bereichen

EANS-News: AT & S Austria Technologie & Systemtechnik Aktiengesellschaft / AT&S Supervisory Board approves investment project in Southeast Asia

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Corporate news transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is responsible for the content of this announcement.

Company Information

Leoben – The Supervisory Board of AT&S AG, one of the leading manufacturers of high-end printed circuit boards and IC substrates, unanimously approved an investment in a new location in Southeast Asia at its meeting today and agreed to the project. This is set to become the largest investment in AT&S’s corporate history, as announced in an Ad-Hoc release on June 1, 2021.

An investment of up to EUR 1.7 billion is planned for the project – the construction of a production site for high-end substrates in Southeast Asia -between 2021 and 2026, and a total of 5.000 additional jobs will be created. At the same time, the company headquarters in Leoben-Hinterberg will be expanded, which will thus not only remain the company’s hub and pivot, but will also gain additional importance in the area of research and expanded production possibilities.

end of announcement euro adhoc

issuer: AT & S Austria Technologie & Systemtechnik Aktiengesellschaft Fabriksgasse 13
A-8700 Leoben
phone: 03842 200-0
FAX:
mail: ir@ats.net
WWW: www.ats.net
ISIN: AT0000969985
indexes: ATX, ATX GP, WBI, VÖNIX
stockmarkets: Wien
language: English

Digital press kit: http://www.ots.at/pressemappe/18136/aom

OTS-ORIGINALTEXT PRESSEAUSSENDUNG UNTER AUSSCHLIESSLICHER INHALTLICHER VERANTWORTUNG DES AUSSENDERS. www.ots.at
(C) Copyright APA-OTS Originaltext-Service GmbH und der jeweilige Aussender. AT & S Austria Technologie & Systemtechnik Aktiengesellschaft

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