Power Integrations opens new plant in Biel
The Californian company Power Integrations has opened a new plant in Biel. Products for various applications in power electronics are produced there. A research area is also integrated. Power Integrations has invested $20 million.
Power Integrations , a company specializing in power electronics, has opened a new plant in Biel. This covers around 4600 square meters and also houses offices and laboratories. The Biel-based operation specializes in so-called gate drivers for high-power applications such as solar and wind energy, electric locomotives and efficient DC transmission lines. In addition to production, the location is also used for the development of prototypes. In total, around 60 engineers and other technology experts are employed.
Power Integrations has reportedly invested around $20 million in the Biel site. The facility was planned and built by the Biel architects GLS Architekten . A photovoltaic system with an output of 25 kilowatts is located on the roof.
Power Integrations’ presence in Switzerland dates back to the acquisition of Biel-based CT-Concept Technologie AG in 2012. Headquartered in San Jose, Power Integrations employs around 770 people worldwide.
“We are excited to open our new, permanent headquarters in Biel, bringing together all of our local employees under one roof and giving us ample room for the growth we expect in the years to come,” said Balu Balakrishnan, CEO of Power Integrations , quoted in the communication.
Biel’s Mayor Erich Fehr (SP) welcomes the investment. “The fact that such an innovative and fast-growing company has settled here speaks for the attractiveness of our city and our region as a business location,” he says.