The new facility--called the Advanced Technology Center--will be used for semiconductor manufacturing process development, equipment demonstration and customer training. Axcelis has been working on developing the $31 million center for two years, according to a company representative.
Axcelis started life twenty years ago as a division of Eaton Corporation but spun off two years ago to become an independent public company. It currently employs 2,000 people in 49 locations in nine countries. Its worldwide revenue last year was $941 million. In addition to the facility here, Axcelis has manufacturing facilities in Peabody, Massachusetts, Rockville, Maryland and Toyo, Japan. The company has a joint venture partner in Japan with Sumitomo Heavy Industries, Ltd. This joint venture, which is known as Sumitomo Eaton Nova, or SEN, produces ion implantation equipment in Japan.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
