semiconductor giant asml expands connecticut footprint
wilton, Thursday, 19 June 2025.
asml, a critical player in the global semiconductor supply chain, is growing its connecticut operations. the dutch manufacturer has increased its wilton workforce by 30% in the last three years. connecticut’s government is actively supporting asml’s expansion. the state has provided $14 million in grants and $6 million in tax breaks. asml is responding to market conditions with continued investment in wilton. in 2022, asml invested $200 million in the wilton facility. the expansion added 3440 square meters and the company plans to add 1,000 employees.
state support and asml’s commitment
Commissioner Daniel O’Keefe of the Department of Economic and Community Development affirmed ASML’s ongoing commitment to growth in Connecticut [1]. He maintains consistent communication with ASML’s senior leadership [1]. O’Keefe also clarified that the recent state budget adjustments ensure ASML’s eligibility for previously allocated incentives [1]. Furthermore, he expressed hope that ASML will qualify for and pursue future incentives, reinforcing the state’s dedication to fostering ASML’s expansion within Connecticut [1].
financial performance and market dynamics
Last year, ASML reported approximately €28.3 billion in net sales, representing a 2.5% increase year-over-year [1]. ASML’s first-quarter earnings report highlighted potential impacts from ongoing tariff discussions [1]. CFO Roger Dassen noted the dynamic nature of these discussions [1]. Dassen stated that the indirect impact on end-market demand remains complex and difficult to predict [1]. ASML’s written statement indicated that the company will continue investing and expanding in Wilton to meet ASML’s overall needs, based on prevailing market conditions [1].
asml’s strategic importance
ASML’s expansion in Connecticut demonstrates its crucial role in the semiconductor industry [GPT]. The company operates a manufacturing and R&D facility in Wilton [1]. ASML’s photolithography machines are essential for semiconductor manufacturing [1]. The new budget passed in June 2025 clarifies ASML’s eligibility for previously awarded funds, signaling continued state backing [1]. ASML currently employs over 3,200 individuals at its Wilton campus, marking a roughly 30% increase from three years prior, underscoring its growing presence and economic impact in the region [1].