Nuvotronics has recently put together a plan to soon expand its current location in Durham, North Carolina. The plan will include an overall investment of $50 million, which will be spread out over the next several years. During which time, they plan to also create 150 jobs. So this is good news for Durham’s economic impact.
From Area Development Magazine:
“This is an exciting time of growth for Nuvotronics. […] This investment communicates to current and future customers our strategic commitment to this innovative technology, which is integral to the evolution of Space and 5G markets.”
“We have successfully proven, established and grown our advanced process through multiple research and development efforts here in the U.S. Our products truly revolutionize microelectronics solutions, making us a world leader in electronic packaging, driven by the demand for smaller packages with superior performance.” […]
“The expansion of this innovative company signals once again about North Carolina’s resistance during the pandemic. […] Our advanced manufacturing and technology workforce will help them meet their goals.” […]
“Innovation brings market-leading companies to North Carolina and supports their success at every stage of growth. […] Nuvotronics’ expansion in Durham highlights the assets that facilitate next-generation technologies and solutions, starting with our engaged colleges and universities.”AREA DEVELOPMENT MAGAZINE
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