Fluoroware, EMPAK Form Entegris
Chaska, MN and Colorado Springs, CO-June 9, 1999-Industry veterans Fluoroware and EMPAK today officially confirmed the completion of their earlier announced merger to form Entegris, Inc., a critical materials management company. Based in Chaska, Minnesota, Entegris will be governed by a nine-member board of directors. Board members include Fluoroware's Chairman Dan Quernemoen, CEO Stan Geyer, COO Jim Dauwalter, EMPAK CEO Del Jensen, Director Jim Bernards, and EMPLAST CEO Mark Bongard. Three additional board positions to be announced will be filled by independent directors.
"The process of putting our two companies together and the potential Entegris represents is the most exciting and fulfilling thing I have had the pleasure to work on in my business career. The industries we serve now have the best of both company's people, experience and resources working together to support them worldwide," stated Dan Quernemoen, Entegris Board Chairman.
Entegris, is the result of today's finalized merger between Colorado-based EMPAK and Minnesota-based Fluoroware. Entegris will come quickly to center stage in the materials industry as a vibrant new critical materials management company positioned for growth and service excellence, and supplying key high-technology industries. Company executives believe this merger of strengths will have the resources to bring greater capability in operations and product support to its global customers.
With several award-winning products currently in production and over 50 years of combined experience, Entegris begins its journey as a global leader in many areas, including new carrier architectures for 300-mm. The merger also brings with it a significantly increased manufacturing capability that provides the global infrastructure to meet increasing customer requirements across multiple critical materials handling disciplines.
Initially the company is being organized into five operating businesses servicing key technology industries. Critical Fluid Management (CFM) provides fluid handling strategies and solutions to the semiconductor, pharmaceutical and chemical processing industries; Electronic Shipping Products (ESP) provides materials management for wafers and memory disks during fabrication and shipment; Wafer Management (WM) provides wafer management solutions for wafer processing, handling and storage; Test, Assembly and Packaging (TAP) provides products for the conversion of wafers to finished products and end customer applications; and the Private Label (PL) business custom manufactures products for the semiconductor and other key technology driven industries.
With 17 manufacturing facilities worldwide and 70 sales and service offices on six continents, Entegris will be able to exercise an extensive supplier network, deliver products and services globally and participate actively with local customers.
"This is a very exciting day for everyone-employees, distributors, customers and the industries we serve. This merger of strengths reflects our belief in the continuing growth of the critical materials management market and the growing global need for innovative companies to provide solutions from production to consumption," stated Del Jensen, Entegris Executive Vice President.
"As the global use of critical materials increases, the demand for strategic manufacturing locations and a solid distribution network to manage those materials becomes more apparent," stated Stan Geyer, Entegris CEO. "Entegris is ready to meet that challenge with a team of values driven people dedicated to seeing our customers enjoy the benefits of an extensive worldwide infrastructure."
"We are dedicated to continuing to build a globally successful business based on relationships and integrity," stated Jim Dauwalter, Executive Vice President. "In every market we serve, Entegris will be a leading supplier within our customers' value chain. At Entegris, we feel understanding our customers' total requirements makes us more valuable. We want to be more than just a supplier to our customers. We want to be a total business partner."
The name Entegris is derived from the Latin word integritas, meaning "soundness, complete or undivided," and the word excellence. The new company will have a combined employment of 1,500 personnel and operate on six continents serving the semiconductor, data storage, pharmaceutical and chemical processing industries. ABOUT ENTEGRIS
From production to consumption, Entegris manages its customers' critical materials in key technology driven industries. Headquartered in Chaska, Minnesota, Entegris is a global leader providing unsurpassed customer service, innovative products and solid solutions for the management of critical materials to the semiconductor, data storage, pharmaceutical and chemical processing industries.
Positioned for growth and service spanning multiple high tech disciplines, Entegris is an ISO 9001-registered firm with manufacturing facilities located in the United States, Germany, Japan, Singapore, Malaysia and South Korea. Through strategic alliances with Metron Technology, Marubeni, and other distributors, Entegris is pleased to offer customer support on six continents. Entegris is the result of a merger of strengths between Fluoroware and EMPAK-two of the world's most prominent materials management suppliers.................ALSO:Fluoroware's history of innovation for fluid management products. In the mid 1980s, Fluoroware introduced to the semiconductor industry the first rotomolded composite container for the transfer of ultrapure chemicals. The entire FluoroPure® chemical container line complements Fluoroware's other fluid management solutions, including the Quick Connect system, which provides a safe and convenient interface between FluoroPure® chemical containers and bulk delivery systems. The full range of fluid management products is backed by Fluoroware's extensive technical and service resources designed to ease the transition and maintenance of these products in the manufacturing line. |