Freescale Retains Colliers ATREG to Sell UK Manufacturing Facilities in East Kilbride and Dunfermline

2007-09-05 01:37 985

Operational Wafer Manufacturing Facility and Wafer Manufacturing Shell Offer Additional Capacity, Diversification and Development Opportunities

SEATTLE, Sept. 4 /Xinhua-PRNewswire/ -- Freescale Semiconductor has retained Colliers ATREG, in conjunction with Colliers CRE in Scotland, to assist with the sale of its two wafer manufacturing facilities in the United Kingdom. The facilities include an operational 150-mm semiconductor manufacturing facility in East Kilbride and a 200-mm wafer fabrication shell in Dunfermline.

Freescale's 25 acre East Kilbride site features a 0.35-micron capable volume wafer manufacturing facility, including a 92,000-square-foot (8,547 m2) wafer fab cleanroom, and approximately 700 advanced process tools. For over 20 years this well maintained, centrally located facility has produced volume, high quality automotive semiconductor products and leading edge power devices for the networking and wireless communication industries. Property website:

Freescale's 150 acre Dunfermline site includes a 1-million-square-foot (93,000 m2) facility shell constructed in 1997 but not fully completed and never occupied. Some facility infrastructure is on-site, but non-operational. This allows users the ability to customize and complete the infrastructure to meet the requirements of their specific operations. Property website:

"Our team of global semiconductor market specialists is implementing a worldwide campaign to reach all potential semiconductor and advanced technology users," said Doug Barrett, Colliers senior vice president and director of ATREG. "Both facilities offer significant cost and time-to-market advantages for a producer seeking additional capacity, or who wishes to manufacture a more diverse or advanced range of semiconductor devices."

"Freescale has retained Colliers ATREG because of their global track record in selling semiconductor facilities as going concerns," said Greg Heinlein, Freescale vice president and treasurer. "Freescale is seeking buyers who can fully realize the inherent value of these first class manufacturing facilities."

For additional information regarding these facilities, please contact Colliers at 206.223.0206 (USA) or [44] (131) 240-7514 (UK).

About Freescale

Freescale Semiconductor is a global leader in the design and manufacture of embedded semiconductors for the automotive, consumer, industrial, networking and wireless markets. The privately held company is based in Austin, Texas, and has design, research and development, manufacturing or sales operations in more than 30 countries. Freescale is one of the world's largest semiconductor companies with 2006 sales of $6.4 billion (USD).

About Colliers ATREG

Colliers International is one of the top three commercial real estate services firms in the world with more than 9,300 employees in 267 offices in 57 countries. Seattle-based Colliers ATREG helps companies buy and sell advanced technology assets. Recently, Colliers ATREG has represented IBM, LSI Logic, Sony, Maxim, Fujitsu and Matsushita in sales and acquisitions of cleanroom manufacturing, fab and technology facilities.

About Colliers CRE

Colliers CRE is one of the UK's top-ten real estate advisory firms, providing agency, development, management, investment and professional services across a wide range of business sectors. Colliers CRE works with public and private sector clients, from retailers and property companies to international corporations and pension funds, on projects which span the UK and Europe. Colliers CRE has 700 staff, working from 14 offices across the UK and is part of Colliers International, one of the world's leading real estate organizations.

Source: Colliers International
Keywords: Real Estate