Andrew Raynor Dover NH
Allegro MicroSystems, LLC, a leader in developing high-performance power and sensor semiconductors, broke ground on a 15,000-square foot expansion at its Manchester facility on Dec. 19.
The building expansion will support Allegro’s ongoing growth and investment in research and development, as well as reinforce the location as the company’s center of strategic business development.
“Allegro will continue to strengthen its investment in its technical talent and focus on high growth technological segments,” said Allegro President and Chief Executive Officer, Ravi Vig.
“Our ability to attract and retain skilled, high-tech talent to our Manchester facility will allow us to further invest in this prime location.”
Allegro’s facility is conveniently located minutes from the Manchester-Boston Regional Airport; close to leading New Hampshire and Massachusetts research universities, and within a one hour of the Seacoast, mountains, lakes, and urban environments like downtown Manchester and Boston, making it an attractive location for existing and prospective employees.
Allegro’s focus on advanced technology, product line expansion and innovation fits well with the business platform provided in New Hampshire.
“The Governor and I are fully committed to working with local companies to help them grow their business and attract talent,” said Taylor Caswell, commissioner of the Department of Business and Economic Affairs. “We are pleased that Allegro has chosen to invest in the Manchester area, and we look forward to their employees enjoying the revitalized mill yards, SNHU Arena, and other benefits of downtown.”
Allegro’s building expansion was designed by Margulies Perruzzi Architects and is being built by Hutter Construction Corp., with completion planned for next summer. Allegro will employ abut 400 people at its Manchester site, many of them engineers.