The investment involves the construction of a new, state-of-the-art, 45,000 sq-ft Research & Development and manufacturing facility.

It is expected to triple the company’s European production capacity. The investment is expected to grow the firm’s employment footprint in the mid-west region of Ireland by 600 new positions, a significant increase to its current 1,500 employees in Ireland and 3,100 employees in Europe as a whole.

The announcement comes a year after ADI announced a separate investment of €100 million in ADI Catalyst, its 100,000 sq-ft custom-built facility for innovation and collaboration at its Limerick campus.

Ireland is also home to ADI’s main European Research and Development centre, which has generated more than 1,000 patents since its inception and has seeded ADI R&D sites throughout Europe in Spain, Italy, UK, Romania, and Germany.

“Since 1976, Ireland has been a critical innovation centre for ADI, thanks to its strong academic and research organizations, business ecosystem, and progressive government leadership,” said ADI CEO and Chair Vincent Roche.

“This next-generation semiconductor manufacturing facility and expanded R&D team will further extend ADI Limerick’s global influence. Through organic R&D and close collaboration with our customers and ecosystem partners, we are striving to solve some of the world’s greatest challenges and enable a more efficient, safer, and sustainable future,” he added.