ATMI To Build Materials Center Outside Austin Texas
DANBURY, Conn.--(BUSINESS WIRE)--June 22, 2000--
New Facilities Allow Tripling of Materials Production Capabilities
ATMI, Inc. (Nasdaq: ATMI), today announced that it is purchasing 200 acres in Burnet, Texas -- just outside the "Silicon Hills" of the Austin, Texas metropolitan area -- to increase its materials manufacturing capacities and combine existing operations. Building on a fast-track, ATMI will be constructing 120,000 square feet of clean room, manufacturing, research & development, administration, and warehouse space. Qualifying production is anticipated to begin in 12 months. The Silicon Hills of Texas are home to semiconductor plants for such companies as AMD, Cypress, Motorola, Samsung, and SEMATECH.
ATMI's Materials Center will consolidate operations from Austin, Burnet, and Carrollton, Texas and Milpitas, California. The expansion will help ATMI serve growing demand in some of the rapidly expanding markets it serves with its innovative technologies:
- Copper CMP is forecast to grow almost 150% per year -- three
times as fast as the general chemical mechanical polishing
market.
- Low-K materials, where ATMI offers the industry's only
complete solution from materials to abatement, should track
the nearly 80% growth of its related equipment market.
- HDP-CVD (high density plasma chemical vapor deposition), where
sub-atmospheric gas delivery systems lead the market in a
segment where equipment, and proportionally consumables, are
forecast to grow more than 50% per year.
Doug Neugold, ATMI President, said, "Demand for ATMI's products is
-- across the board -- growing so rapidly that we need to expand our existing manufacturing abilities. We have designed these additions to allow even further expansion, as market conditions warrant, in the next several years."
"I view ATMI's Materials Center as the first of what I anticipate will be several manufacturing capacity expansions to help support ATMI's goal of becoming the company the semiconductor industry -- anywhere in the world. If all goes according to plan, our customers can anticipate capacity expansions in Taiwan, Korea, Europe, and Southeast Asia." |
