Date: 17/11/2010

Fairchild Semiconductor not closing its 50+ years old plant in U.S.

Fairchild Semiconductor has announced that it has decided to keep open the Mountain Top, Pennsylvania wafer fabrication site, reversing its March 2009 announcement to close the facility.

Fairchild makes semiconductor devices for high voltage and automotive applications from this Mountain Top facility. Fairchild has reported growth in sales of devices made from this plant.

"The strong growth of the product lines supported by the dedicated employees at our Mountain Top facility enabled us to make today's announcement," said Mark Thompson, President, Chairman and CEO, Fairchild Semiconductor. "I am confident our employees at the Mountain Top facility will continue to deliver the high quality products our customers have come to expect while constantly striving to improve efficiency and costs to keep Fairchild highly competitive."