Diodes has completed the acquisition of ON Semiconductor's South Portland, Maine Wafer Fabrication Facility (SPFAB) and operations.

Diodes aims to consolidate operations at the South Portland facility and fab, including transferring SPFAB employees to Diodes, Evertiq reported Monday. The company will also continue to manufacture ON Semiconductor's products at SPFAB as part of a multi-year wafer supply agreement, while ON Semiconductor will complete the production transfer.

Lu Keh-Shew Lu, Chairman, President and Chief Executive Officer of Diodes, said in a news release, "We are delighted to have successfully completed this transaction, which is in line with our strategic goal of achieving significant revenue and gross profit growth over the next few years. "First and foremost, I would like to welcome the employees of SPFAB to the Diodes family. The exceptional engineering capabilities and skills of the team will support our technical and operational performance expectations."

The CEO went on to say that SPFAB provides additional 8-inch fab capacity for analog products, which will allow the company to accelerate its growth plans in the automotive and industrial end markets.

"This U.S.-based facility, along with our existing facilities in Asia and Europe, further enhances our global manufacturing footprint and greatly enhances Diodes' internal capacity and competitive advantage, and in a supply-constrained environment, also supports Our future long-term growth. With the closing of the transaction, we aim to aggressively add new fab processes and capabilities at SPFAB in line with Diodes' strategic growth plans."

ON Semiconductor acquired the factory when it acquired Fairchild Semiconductor in 2016. South Portland is an 8-inch fab with 85,000 square feet of clean room, producing Analog CMOS, BCDMOS, Bipolar, SiC EPI using 0.18um to 1.5um process technology.

Diodes said they plan to use the facility to certify and manufacture CMOS and BiCMOS processes to support multiple analog product lines, including power management ICs, signal chain and standard products, as well as some high-performance discrete product lines.