Hynix’s 1.2-million-square-foot Eugene factory sells for $6.3 million

(Image credit: Ten-X.com)

Hynix spent $1.5 billion to build and equip a world-class 1.2-million-square-foot factory on 200 acres, which opened in 1998.

It operated for a decade before shutting down in 2008 during the great recession.

The closure left 1,400 people out of work, which was one of the biggest mass layoffs in Oregon history, before the pandemic.

The fab is at 1830 Willow Creek Circle in Eugene, Oregon and has a floor space of 1.2 million square feet. it has a huge amount of excess land available for further expansion and comes with one clean room, which could be helpful, for example, for the pharmaceutical industry, of 122,000 square feet.

The property also has a lot of power access with two 42MW substations for 84MW of power, has access to high-speed internet, as well as a water discharge capacity of 1.2 million gallons per day. The property even comes with some of the old infrastructure for 200mm wafer manufacturing, according to the listing.

A Ohio based digital sign company called Stratacache purchased the building in an auction last week and it is not yet clear what their plans are for the building. The starting bid was $1.5 million.

From the Stratacache website:

“Stratacache, Inc. is the leading provider of intelligent digital signage, digital merchandising, mobile enablement, and rich media customer engagement at retail. These solutions help influence customers at the point-of-decision, generating new sales opportunities and enhanced retail profitability. With over 3 million software activations globally across multiple platforms, we have the deepest footprint in the market and consistently enhance our offerings to better serve our customers.”

STRATACACHE is based in Dayton, Ohio, and serves 28 countries with offices in San Francisco, Los Angeles, Chicago, Philadelphia, Bentonville, Dallas, San Jose, Calgary, Toronto, Montreal, Vancouver, London, Oslo, Sittard, Hong Kong, Tokyo, Adelaide, Luxembourg and Bangalore. 

It will be interesting to see what they do with the building especially now that the world is in pandemic shock.

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