Advanced Energy Opens New Facility in Israel

June 05, 2019 by Scott McMahan

Advanced Energy Industries, Inc. announced the grand opening of its newest facility in Caesarea, Israel. The new 6,500 square-foot facility includes business offices, a service and repair center, and an R&D lab. This state-of-the-art facility bolsters the company's growth strategy and global expansion, while offering enhanced support for the company's regional customers in the semiconductor, defense, medical, and industrial markets.

According to AE, the presence of a local, on-site repair facility will aid its regional customers whose demand is growing for access to high-quality local service for their power systems and controls.

"Our new facility in Israel underscores our commitment to enhancing service and support for our customers," said Yuval Wasserman, president and CEO of Advanced Energy. "In addition to bringing AE closer to our existing customers, our local presence provides us with the opportunity to expand our customer base in both the semiconductors and industrial sectors, and within Israel's fast-growing high-tech market. It also positions us to further collaborate with technology centers of innovation in the country."

Amir Wachs, general manager, Israel, for Advanced Energy, added, "Our new facility brings tremendous value to local customers, by combining sales support, a service center and R&D lab for custom design all under one roof."

AE says it has devoted more than three decades to perfecting precision power, enabling design breakthroughs and driving growth for the company's leading semiconductor and industrial customers.

The multinational company, with worldwide operations, offers power technology that enables the production of products in a variety of industries including automotive, medical, consumer electronics, steel, glass, and others.

The Advanced Energy Israel office is at 19 Tarshish Street, Caesarea Industrial Park; Caesarea, Israel 38900.