Allegro MicroSystems, LLC, a manufacturer of high-performance power and sensor semiconductors, held a groundbreaking ceremony Tuesday on a 15,000-square-foot expansion at its Manchester facility. The building expansion will support Allegro’s ongoing growth and investment in research and development as well as reinforce Manchester 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. Our ability to attract and retain skilled, high-tech talent to our Manchester facility will allow us to further invest in this prime location,” says Allegro President and CEO Ravi Vig. He cites Allegro’s facility location near Manchester-Boston Regional Airport, as well as to research universities in NH and Massachusetts , as well as its proximity to Boston and the Seacoast, as factors in retaining and attracting employees. Allegro currently leases its NH facility through Brady Sullivan and plans to purchase the building in May 2018.
“The Governor and I are fully committed to working with local companies to help them grow their business and attract talent,”says Taylor Caswell, commissioner of the NH 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 Corporation with a planned completion date in the summer of 2018. Allegro will employ upwards of 400 people at its Manchester site, many of them engineers.
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