ON Semiconductor Purchases Sanyo's Chipmaking Division and Moves Jobs back to Gresham Facility

ON Semiconductor's January 2011 purchase of Sanyo's chip-making division resulted in the closure of two plants overseas and jobs moving to the company's Gresham facility which now is expected to employ nearly 500 workers by 2013.

The company has been growing steadily since setting up shop in Gresham in 2006.

In 2010, the city of Gresham agreed to a five-year package of property tax breaks through the state's Enterprise Zone program. The incentives were worth an estimated $420,000 to the company and are contingent on it adding at least 43 employees to its current work force of 431.

In 2006, Business Oregon helped arrange a $1.5 million forgivable loan for ON Semiconductor from the Governor's Strategic Reserve Fund. That loan helped recruit the company to Oregon and finance its retrofit of an abandoned semiconductor chip manufacturing plant in Gresham.

Business Oregon worked with ON Semiconductor to find a suitable facility site to bring their wafer manufacturing from Asia to Oregon. In December 2006 the company purchased the former LSI plant in Gresham saving the 400 high paying jobs of the former LSI workers who transitioned to work at the new facility.

ON Semiconductor is a leading supplier of power and data management products for portable computers, communications and consumer applications. The company has a diverse customer base that includes well-known companies such as Bosch, Dell, Delphi, Microsoft, Nokia and Sony.

ON Semiconductor is a good example of how Business Oregon works successfully with its local partners to both bring new business to Oregon and to help existing companies expand and retain family wage jobs.