|
| [April 12, 2012] |
 |
Entegris to Create Advanced Nanotech R&D and Manufacturing Center in New England
BILLERICA, Mass. --(Business Wire)--
After a worldwide search for a premier location, Entegris
(NASDAQ: ENTG), a Billerica-based supplier to the semiconductor and
microelectronics industries, announced today its plans to create the
Entegris (News - Alert) i2M Center for Advanced Materials Science ("i2M Center") in
Bedford, Massachusetts.
Massachusetts Governor Deval Patrick and Entegris executives (left to right: Bertrand Loy, Entegris COO; Greg Graves, Entegris CFO; Massachusetts Governor Deval Patrick; and Gideon Argov, president and CEO) discuss the company's plans to invest $50 million in the Entegris i2M Center for Advanced Materials Science, one of New England's most advanced nanotech R&D and manufacturing centers. (Photo: Business Wire)
The i2M Center will be one of New England's leading R&D and
manufacturing centers for filtration
media, electrostatic
clamps (E-Chucks) and proprietary advanced,
low-temperature coatings. These technologies are needed to develop
critical components used in the world's most demanding and stringent
semiconductor manufacturing nvironments. Entegris' products, which
control nano-level contamination so small it is measured in widths of
atoms, enable the production of advanced semiconductor devices and other
electronics used in computers, smartphones, TVs and cars.
"As next-generation devices -- which are at the heart of tomorrow's
computers, tablets, and mobile phones -- become smaller, more powerful,
and consume less energy, the technologies used to make these devices are
pushing the boundaries of physics," said Gideon
Argov, president and chief executive officer of Entegris. "To
support the manufacturing of these devices, the Entegris i2M Center will
focus on solving the most difficult purification, process control, and
material protection challenges, something only a handful of companies in
the world can do."
Entegris recently purchased land and an existing 80,000 square foot
building at 9 Crosby Drive in Bedford, Massachusetts to house the i2M
Center. It expects to invest approximately $45 to $50 million in
building infrastructure upgrades and equipment over the next two years.
Entegris, which reported a record $749 million in sales in fiscal 2011,
expects the first phase of the Center to be operational in early 2013.
The i2M Center will consolidate certain existing Entegris operations in
Massachusetts and house approximately 100 professional and skilled
employees who will transfer from those sites. The company also plans to
add 10 new engineering and development positions specializing in
membrane science and E-Chucks. Entegris currently employs approximately
350 employees in Massachusetts, and approximately 2,700 employees
worldwide.
"i2M denotes 'ideas to market.' This facility will be our flagship
innovation center for developing break-through materials science
technologies to support our global customers, many of which are in Asia.
Given our long history in the region, local employee talent, and the
concentration of materials science and engineering experts in New
England, there is no better location than right here in Massachusetts
for our i2M Center," said Bertrand
Loy, chief operating officer of Entegris.
"We are excited that Entegris chose Massachusetts as home for its
innovative new center," said Massachusetts
Governor Deval Patrick. "Companies like Entegris know that the
Commonwealth is second to none in innovation, technology and life
sciences, and projects like this help Massachusetts win the future."
[Editor's Note: Photo of Gideon Argov and Governor Deval
Patrick is available] Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50235740&lang=en
ABOUT ENTEGRIS (NASDAQ: ENTG) www.entegris.com
For more than 40 years, Entegris has provided a wide range of products
for purifying, protecting and transporting critical materials used in
processing and manufacturing for the semiconductor, microelectronics,
energy, life sciences and other high-tech industries. These products and
materials are often used to make the building blocks of many of the
world's most complex microelectronic products, such as computers, mobile
devices and phones, data storage components, televisions and monitors,
and automobiles. Entegris is ISO 9001 certified and has 33
manufacturing, customer service or research facilities in the United
States, China, France, Germany, Israel, Japan, Malaysia, Singapore,
South Korea and Taiwan. Follow us on Twitter (News - Alert) (@Entegris) and YouTube.

[ Back To SIP Trunking Home's Homepage ]
|