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Vicor wins gold in 19th Annual Massachusetts Economic Impact Awards

Media Alert

Vicor wins gold in 19th Annual Massachusetts Economic Impact Awards

New, vertically-integrated ChiP fab creates jobs, supports customer demand

March 06, 2023
Award image
Award image

Andover, MA — Vicor won gold in the 19th Annual Team Massachusetts Economic Impact Awards. MassEcon, the state’s private sector partner for promoting business growth in Massachusetts, announced the winners from the states’ five geographic regions.

Companies were selected on the basis of job growth, facility expansion and investment, community involvement, and commitment to diversity, inclusion, and equity initiatives since January 1, 2022.

MassEcon recognized 13 finalists in February and announced final rankings for each region.  The winners will be honored at a ceremony on April 6, 2023, at Gillette Stadium in Foxborough, with Citizens as presenting sponsor.

For Vicor this award come on the heels of being named the 2022 Massachusetts manufacturer of the year last September, which recognized Vicor for the new 90,000-square-foot, advanced manufacturing addition which opened last spring. Vicor expanded its power module manufacturing facility to support the demand for high density power solutions to support the fast-growing data center/AI market and the fast pace of automotive electrification.

The expansion created the world’s first vertically integrated ChiP™ (Converter-housed-in-Package) fabrication facility. The new ChiP fab sets the global standard for scalable, fast cycle time, high-volume, cost-effective and reliable power module manufacturing in the United States.

About Vicor

Vicor is the leader in high-performance power modules, enabling customer innovation with easy-to-deploy modular power system solutions for power delivery networks that provide the highest density and efficiency from source to point-of-load. We continuously advance the density, efficiency and power delivery capabilities of our power modules by staying on the forefront of distribution architectures, conversion topologies and packaging technology. Vicor serves customers in enterprise and high-performance computing, industrial equipment and automation, robotics, UAVs, electric vehicles and transportation, satellites, and aerospace and defense. www.vicorpower.com

Vicor is a registered trademark of Vicor Corporation.

Contact Stephen Germino Media Relations & PR, Director/Vicor Corporation 978-749-8243 sgermino@vicorpower.com