Italy-based Leonardo Electronics US Inc., a next-generation technology provider, plans to expand operations at the Innovation Park in Oro Valley, Arizona. The $ 100 million project is expected to create 170 jobs in five years.
The company has outgrown its current location and will build a new state-of-the-art semiconductor laser manufacturing facility that will include approximately 120,000 square feet of manufacturing space and administrative offices. Construction is expected to start at the end of the first quarter of 2022.
âThis new larger facility will support our business growth in all major market segments,â said Matthew Keegan, President & CEO, Leonardo Electronics US Inc. âWe ultimately chose the Innovation Park in Oro because of its proximity to our existing workforce and its exceptional location Valley decided. “Talents in the region, which is one of the leading photonics technology centers in the country.”
Leonardo Electronics US’s laser operation is currently located on 7775 N. Casa Grande Highway in Tucson and employs around 200 people. The company has had a presence in the Tucson area through Lasertel since 2009.
“Leonardo has been a great industry partner for over 20 years, and we are excited that you are expanding your manufacturing operations in Tucson,” said Sandra Watson, President and CEO, Arizona Commerce Authority (ACA). “We are grateful that Leonardo continues to invest in Arizona, creating quality jobs for residents, and contributing to the resilient aerospace and defense sectors of southern Arizona.”
In addition to Sun Corridor Inc., the project partners include the Arizona Commerce Authority, Pima County, the city of Oro Valley, VentureWest, Trammel Crow, SmithGroup and Sundt Construction.
“Aside from attracting business, economic development is about helping local businesses like Leonardo expand,” said Joe Snell, President and CEO of Sun Corridor Inc. âSuccess stories like this have a huge impact on the entire economy. The success of Leonardo is the success of the entire region. “
Leonardo Electronics designs, develops and manufactures a wide range of products and solutions that improve the safety and situational awareness of any operating environment. The company is a global leader in the aerospace, defense and security sectors and a trusted partner of choice for governments, institutions and business customers.