Murata Manufacturing announced it is investing $45 million in the purchase of two factory buildings and the construction of a third to manufacture micro electro mechanical systems (MEMS) sensors in Finland.
The Kyoto-based company had been leasing the two buildings it purchased and expects to complete the adjacent 172,000-square-foot factory in Vantaa, Finland, by the end of 2019. MEMS sensors are used in pacemakers, car safety systems and industrial applications.
Murata cited the growing worldwide demand for MEMS sensors as its reason for ramping up production. The company employs 1,000 people in Finland and expects to add 150 to 200 jobs.