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Fairchild Semiconductor |
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Fairchild Semiconductor in South Portland |
Fairchild Semiconductor, the largest publicly traded company headquartered in Maine, was founded in 1997 and is recognized today as the leading global supplier of high performance semiconductors for multiple end markets. Fairchild designs solutions that optimize system power in electronics for computing, communications, automotive, consumer, and industrial applications. Fairchild is a $1.4 billion company, publicly traded on the NYSE, with over 50,000 customers worldwide and listed as one of the top 30 semiconductor companies in the world. The company’s growth is a result of a two pronged plan to introduce new products and to expand the company through acquisitions. To date, Fairchild has acquired nine companies including businesses in South Korea and China and has brought more than 2000 new products to market.
This multinational company, which employs 10,000 people worldwide, is the recognized founder of California’s Silicon Valley and was the first multi-market semiconductor company in the industry. Although Fairchild has facilities in California, Utah, Malaysia, the Philippines, South Korea and China, the company is headquartered in Maine. The South Portland facility has been in continuous operations since it opened in 1962.
Why Fairchild Semiconductor chose Maine:
Among the many reasons why Fairchild chose to operate in Maine are the quality
lifestyle with easy access to major metropolitan centers; a proven skilled and dedicated workforce; excellent transportation and communication infrastructure; and supportive local and state governments.
State program participation:
• Maine Quality Centers Program
• Business Equipment Tax Reimbursement (BETR)
• Research and Development Sales Tax Exemption
• Tax Increment Financing (TIF)
• Research Expense Tax Credit
• Governor’s Training Initiative
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"Fairchild has a history of success in Maine. Our record has as much to do with the quality of people as it has the entrepreneurial spirit of the
company. Having lived all over the globe during my career, I find life in
Maine the best of all worlds. That’s one reason I chose to locate our global headquarters here."
- Kirk Pond
President, CEO and Chairman of the Board
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