FormFactor, Inc. announced on June 2, 2025, the purchase of a manufacturing site in Farmers Branch, Texas, for $55 million. The facility includes four structures and 50,000 square feet of clean room space, representing a scarce and fit-for-purpose asset.
CEO Mike Slessor stated that the acquisition aligns with FormFactor's strategic roadmap, offering significant operational flexibility and a clear path to lower ongoing manufacturing costs due to its location in a lower-operating cost region. This investment addresses anticipated increasing long-term demand.
The facility is expected to support the increased test intensity driven by the adoption of advanced packaging technologies and the rapid growth of High Bandwidth Memory (HBM) probe-card revenue. This expansion is a crucial step in refining FormFactor's operational strategy and meeting future manufacturing needs.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.