Alexie Lee Recognized with Women in Manufacturing STEP Award

MILPITAS, Calif. --(Business Wire)--

GLOBALFOUNDRIES today announced Alexie Lee, general counsel and executive vice president of legal and corporate affairs, was recognized by The Manufacturing Institute, Deloitte (News - Alert), University of Phoenix, and the Society of Manufacturing Engineers with a Women in Manufacturing STEP (Science, Technology, Engineering and Production) Award for her excellence and leadership in manufacturing. Alexie Lee joins 121 other woman honorees, representing all levels of manufacturing from the factory floor to the C Suite.

"Since helping to launch GLOBALFOUNDRIES in 2009, Alexie has exhibited a tremendous track record of execution and collaboration, helping to propel our company as one of the fastest-growing semiconductor companies in the world," said GLOBALFOUNDRIES CEO Ajit Manocha. "Her leadership is helping GLOBALFOUNDRIES create thousands of new advanced manufacturing jobs in the U.S., and expand the high-tech manufacturing capabilities that will continue to pave the way for long-term economic growth in the U.S. We thank Alexie for her hard work and dedication and we are so proud to see her recognized with this prestigious award."

"These 122 women are the faces of exciting careers in manufacturing," said Jennifer McNelly, president, The Manufacturing Institute. "We chose to honor these women because they each made significant achievements in manufacturing through positive impact on their company and the industry as a whole."

The STEP Awards are part of the larger STEP Ahead initiative launched by The Manuacturing Institute, Deloitte, University of Phoenix, and the Society of Manufacturing Engineers, to examine and promote the role of women in the manufacturing industry through recognition, research, and best practices for attracting, advancing, and retaining strong female talent.

"The STEP Ahead initiative was founded to change perceptions of the manufacturing industry and create new opportunities for women in the sector," said Latondra Newton, group vice president at Toyota Motor North America, Inc. and chairwoman of the STEP Ahead initiative. "This initiative is the call for action to transform the face of today's manufacturing talent and ensure that women can contribute to the future of this industry."

A 2011 survey from Deloitte and The Manufacturing Institute found that nearly 70 percent of American manufacturing companies have a moderate to severe shortage of available, qualified workers. Manufacturing companies cannot fill as many as 600,000 skilled positions, even as unemployment numbers hover at historically high levels. Additionally, labor statistics show that women are underrepresented in the manufacturing workforce and in manufacturing leadership ranks - a situation that must be reversed to preserve and grow the industry.

On February 5, The Manufacturing Institute and its STEP Ahead initiative partners will recognize the 122 recipients of the STEP Awards at a reception in Washington, D.C. The STEP Awards program will highlight each honoree's story, including their leadership and accomplishments in manufacturing.

View the list and profiles of all STEP Award honorees.

About the Manufacturing Institute

The Manufacturing Institute (the Institute) is the 501 (c) 3 affiliate of the National Association of Manufacturers. As a non-partisan organization, the Institute is committed to delivering leading-edge information and services to the nation's manufacturers. The Institute is the authority on the attraction, qualification, and development of world-class manufacturing talent. Visit www.themanufacturinginstitute.org

ABOUT GLOBALFOUNDRIES

GLOBALFOUNDRIES is the world's first full-service semiconductor foundry with a truly global footprint. Launched in March 2009, the company has quickly achieved scale as the second largest foundry in the world, providing a unique combination of advanced technology and manufacturing to more than 160 customers. With operations in Singapore, Germany and the United States, GLOBALFOUNDRIES is the only foundry that offers the flexibility and security of manufacturing centers spanning three continents. The company's three 300mm fabs and five 200mm fabs provide the full range of process technologies from mainstream to the leading edge. This global manufacturing footprint is supported by major facilities for research, development and design enablement located near hubs of semiconductor activity in the United States, Europe and Asia. GLOBALFOUNDRIES is owned by the Advanced Technology Investment Company (ATIC). For more information, visit http://www.globalfoundries.com.