The expertise firm Diamond Foundry will make investments 1,000 million in a chip manufacturing unit in Zaragoza | Economy | EUROtoday

The president of Aragón, Jorge Azcón, introduced this Sunday an funding of 1,000 million euros by the American multinational Diamond Foundry, owned by Leonardo DiCaprio, for the manufacturing of chips and technological elements in Zaragoza. It will probably be positioned on the plant initially deliberate for Becton Dickinson and the challenge will generate 300 jobs. The president has offered the funding as the biggest in Spain linked to the chip business.

In statements to the media, Azcón defined that that is an “extraordinarily cutting-edge” initiative in a future sector similar to expertise. As reported, though initially a pharmaceutical funding by Becton Dickinson of round 200 million euros had been proposed, the challenge has multiplied to achieve one billion with a change of orientation in direction of the chip business.

The firm will launch a complicated manufacturing plant for artificial diamond wafers within the Aragonese capital, a strategic element of semiconductors that’s used to develop high-performance chips. The manufacturing unit will probably be positioned within the Empresarium industrial property in La Cartuja. Becton Dickinson canceled the development of its new syringe manufacturing unit in August 2024, with 80% progress in development and 35 workers, which meant the cancellation of an funding of 206 million euros and the creation of 600 jobs. Now the North American multinational medical expertise firm plans to shut an settlement to promote the advanced to the brand new investor within the coming weeks, an operation that may permit a brand new industrial use with excessive added worth to be given to amenities that had been orphaned after the divestment, in line with reviews The Aragon Newspaper.

The Zaragoza plant will probably be complementary to the one which Diamond Foundry is already growing in Trujillo (Cáceres), the place it manufactures artificial monocrystalline diamond and has public assist from the central authorities, by means of SEPI Digital.

President Azcón has confused that Aragón has been chosen for the technological ecosystem that has developed round information facilities and the info business, which accumulate investments of virtually 80,000 million euros. Investments that, as Azcón has emphasised, are positioning Aragon because the southern European area with the best funding in expertise, at ranges corresponding to poles similar to Paris or Frankfurt in computing capability and improvement of synthetic intelligence. As he has identified, this dedication will make it potential to generate “highly qualified and high-paid” employment and provide alternatives to younger Aragonese individuals.

Azcón has reported that the city planning course of for the challenge has already been carried out on the Zaragoza City Council, which can pace up the deadlines for its implementation. He has detailed that the funding will probably be positioned in a development of “highest quality and latest technology” that had been designed for pharmaceutical use and which, as he defined, is appropriate with the manufacturing of chips and elements.

The president added that this operation has been facilitated by the executive procedures already accomplished for the sale between firms and has said that the expertise firm will have the ability to instantly start the event of the challenge within the Aragonese capital.