Vicor announces site purchases for power-component capacity expansion

Vicor ($VICR) is purchasing a 334,000-square-foot building on 66 acres in Merrimack, New Hampshire, alongside a separate 54-acre site in Hooksett. The locations are intended to support two additional ChiP fabrication facilities with a combined footprint approaching one million square feet. The company said its existing 320,000-square-foot Andover facility is nearing capacity.

Initial deployment at the second fabrication facility is expected in about a year. The expansion supports Vicor’s power-conversion products, including technology used in demanding computing applications. The announcement did not disclose the acquisition prices or the total investment required to equip the facilities. The additional space represents a capacity-development plan, not manufacturing output that is already available or revenue that has already been secured.

Sources:

• Vicor — corporate release, GlobeNewswire via StockTitan