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TheStreet Open House

Kulicke & Soffa Creates Connections And Redefines Solutions At The Grand Opening Of Its Corporate Headquarters

Stock quotes in this article: KLIC

Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC) ("Kulicke & Soffa", "K&S" or the "Company") celebrates the Grand Opening of their corporate headquarters, spanning nearly 200,000 square feet. This new facility was customized according to K&S needs and developed in conjunction with Mapletree Industrial Trust. It encompasses the company’s corporate office, manufacturing, research & development, marketing, sales & services, and customer training center.

The new K&S facility employs almost 600 full-time employees and shows a growing presence in Singapore, leveraging the country’s skilled workforce, while being strategically placed for their primarily Asia customer base. Singapore is also a good fit for K&S, with its supportive government, and emerging presence as a center of excellence for science and technology development. K&S relocated their corporate headquarters to Singapore in 2010 and broke ground on the new site in May of 2012.

Mr. Bruno Guilmart, President and CEO of K&S, said, “Based on market forecasts, the rapid adoption of 3D/TSV over the next few years shows an emerging advanced packaging sector that will be our next wave of growth. We are engaging industry leaders early, to deliver best-in-class advanced packing solutions to our customers.”

“The opening of Kulicke and Soffa’s global headquarters building is a celebration of the company’s strong partnership with Singapore. It is also a testament to our precision engineering industry’s successful transformation over the years, from mass production of low value-added parts to high value-added engineering and manufacturing, including the manufacture of complex equipment,” said Mr. Chang Chin Nam, Executive Director, Economic Development Board. “By establishing its corporate headquarters and second largest R&D center in Singapore, Kulicke and Soffa will be well-positioned to capture growth opportunities in the Asian market.”

K&S proudly welcomes the Guest of Honor for the Opening Ceremony, Mr. S. Iswaran, Minister, Prime Minister’s Office, Second Minister for Home Affairs and Second Minister for Trade and Industry.

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