Industry News

The Federal Deposit Insurance Corp. (FDIC) will expand its main office in Arlington's Virginia Square, adding 415,472 sf to its 370,000-sf campus. The $75-million development will accommodate an additional 1,100 employees. Comprised of two nine-story towers with ground-floor retail, the project is slated for completion in 2006. The FDIC will vacate leased offices in the district but will maintain its headquarters office across from the Old Executive Office Building.

Entegris Inc., a Chaska-based manufacturer of products to protect semiconductors during shipment, has expanded manufacturing capabilities at its Bad Rapaneau, Germany facility to make both 150 mm and 200 mm Ultrapak wafer carriers.

FASL LLC, a company merging the flash memory operations of Advanced Micro Devices (AMD) and Fujitsu, is planning to build a chipmaking plant in Sunnyvale, Calif. AMD's Fab 25 plant in Austin, which manufactures only flash memory chips, will also become part of FASL.  

Memec Group, a global distributor of semiconductor equipment, has relocated its corporate headquarters to Carmel Valley in San Diego. Previously sited outside of London, Memec Group has leased 92,000 sf in a new 115,000-sf facility, one of five previously occupied by Peregrine Systems.

Biotech company ZymoGenetics broke ground in early April 2003 on a 70,000-sf addition to its Seattle complex, bringing the company's presence up to 228,000sf. Designed by MBT Architecture, the $26-million project is designed for future growth and will house laboratories and offices. The four-story facility is slated for completion in May 2004 and is being built by Turner Construction.