ATMI announces plans for new manufacturing facility in South Korea

  • The facility will manufacture a range of products for customers in the semiconductor market including SDS and VAC gas delivery systems and materials for use in semiconductor and solar ion implant applications.
    The facility will manufacture a range of products for customers in the semiconductor market including SDS and VAC gas delivery systems and materials for use in semiconductor and solar ion implant applications.

Financials

  • ATMI
    NASDAQ
    23.59
    +0.44 (1.90%)
    4:00PM EDT
  • AMAT
    NASDAQ
    14.96
    +0.30 (2.05%)
    4:00PM EDT

ATMI is expanding its focus in the Asia-Pacific microelectronics market, specifically for its South Korean customers. The company, which is known to work closely with Applied Materials ion implant divisions, is building an 118,000 square foot manufacturing facility in the JangAn, Gyeonggi province.

The company celebrated its announcement with a ground-breaking ceremony held at the site, which is expected to be ready for high-volume production in the second half of 2013. The facility will manufacture a range of products for customers in the semiconductor market including SDS and VAC gas delivery systems and materials for use in semiconductor and solar ion implant applications.

"Our manufacturing investments in South Korea will strengthen our supply chain and improve our interactions with leading customers. Our High Productivity Development investment will further enhance our ability to partner with our customers in Asia, enabling our local customers and ATMI to work together to solve problems more quickly and comprehensively than before," explained Doug Neugold, ATMI chairman, CEO and president. "Proximity to our customers enables our teams to better collaborate on defining problems, react quickly as knowledge is gained, and move solutions to production rapidly, bringing operational efficiencies throughout our supply chain."

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