08:26 AM EST, 02/19/2025 (MT Newswires) -- Stantec ( STN ) , a global player in sustainable design and engineering, was flat to slightly higher in US pre-market trade on Wednesday after saying that it and partner Drees & Sommer have been selected for Silicon Box's new 3.2 billion euro 'state-of-the-art' semiconductor assembly and test facility in Northern Italy.

A statement noted that Stantec ( STN ) will provide architecture for the administration areas and infrastructure design including overall permitting services. Scheduled to begin operations in 2028, the new facility will be located close to Novara in northwestern Italy and is expected to create approximately 1,600 jobs in the region.

"The global market is looking for a more secure and robust electronics supply chain. Silicon Box's expansion into Italy is a significant catalyst to this growing ecosystem in Europe," said Leonard Castro, Stantec's ( STN ) executive vice president for buildings. "By uniting our local presence with global expertise in this space, we're uniquely positioned to support Silicon Box with this expansion."