ASML Eyes Dutch Expansion After Government Commits €2.5 Billion
- ASML signs letter of intent to grow near its headquarters
- The Netherlands had created taskforce to keep ASML at home
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ASML Holding NV is weighing options to expand its presence in the Netherlands, after the government committed €2.5 billion ($2.7 billion) to infrastructure and education spending in the region where the company’s headquarters are located.
The Veldhoven, Netherlands-based firm said Monday it signed a letter of intent with its home region of Eindhoven in the south of the country to explore expansion. A final decision is subject to ironing out a few “crucial points,” ASML spokeswoman Monique Mols said in an emailed statement.