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NEC to Invest $120 Million in Roseville Plant

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Bloomberg News

NEC Corp.’s NEC Electronics Inc. said it will invest $120 million in its California facility to support a new technology. The money will go for new equipment that will enable the plant to build products previously only manufactured at its plants in Japan. NEC makes microprocessors, 3-D graphics accelerators and components including flat-panel displays. The Roseville-based plant makes microprocessor and memory devices. The new equipment will be installed in the fourth quarter. It will bring NEC’s investment in the facility to more than $1.3 billion.

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