Yield Engineering Systems, known by the acronym YES, has leased 123,000 square feet within the Price Corridor in Chandler, Arizona. The company plans to hire 100 employees.
The facility, which will support YES in serving the region’s thriving semiconductor industry, will house a “Technology Center” with R&D functions, cleanroom operations, advanced manufacturing, customer support, and office space.
“Our new Technology Center will provide us with valuable proximity to key customers and vendors, as well as access to the highly skilled workforce that defines Chandler’s business ecosystem,” said Rezwan Lateef, President of YES. “We are grateful to Chandler’s Economic Development team, Greater Phoenix Economic Council, and Arizona Commerce Authority for their assistance with this major milestone in our mission to serve the semiconductor market as a preferred provider.” Mark Donahue is the local YES manager overseeing the project.
The investment to build out the space will enable the development of advanced technology that supports the US semiconductor manufacturing sector.
“YES marks another California-based company drawn to Arizona, highlighting the state’s unmatched business climate,” said Sandra Watson, President and CEO of the Arizona Commerce Authority (ACA). “We are grateful to YES for their commitment to Arizona, creating new jobs while strengthening the state’s robust semiconductor supply chain.”
YES develops and manufactures thermal, deposition, and wet process equipment that is used in semiconductor, life sciences, and display manufacturing.
"The Greater Phoenix semiconductor ecosystem has quickly become a top global destination for leading manufacturers like YES," said Chris Camacho, President and CEO of the Greater Phoenix Economic Council. "This multimillion-dollar investment provides high-quality job opportunities for residents, and we look forward to supporting YES in its future growth and successful integration into the market."