Sugar Land's Applied Optoelectronics $25M expansionSugar Land's Applied Optoelectronics $25M expansionhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=31912014-09-03T09:01:00Z2014-09-03T00:00:00Z

SUGAR LAND - Applied Optoelectronics Inc. (AAOI) is planning a $25 million, 111,600-sf expansion that will include new office and manufacturing buildings as well as the creation of 530 new jobs with an average salary of $50,000.

Earlier this year, the company revealed it was rapidly amping up its manufacturing capacity in Houston and Taiwan. Growing demand for Applied Optoelectronics’ new data center product line, which it first introduced at the end of 2013, is the main reason for the expansion.

The increased demand for data center products is a result of the growing trends of cloud, mobile and all other types of computing that require data centers to have more bandwidth.

Formed in 1997 while operating out of lab space at the University of Houston, Applied Optoelectronics moved its corporate headquarters to Sugar Land in 2000. Since then, it has grown from 20 to more than 900 employees worldwide. It current has about 200 employees in Sugar Land.

Houston Business Journal
Houston-The Woodlands-Sugar Land
http://www.bizjournals.com/houston/blog/breaking-ground/2014/09/sugar-and-manufacturer-plans-major-expansion.htmlRead more at {Source}

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