Cabot Microelectronics Corporation, the world’s leading supplier of chemical mechanical planarization (CMP) polishing slurries and a growing CMP pad supplier to the semiconductor industry, held a grand opening ceremony on August 25, 2011 for its new research, development and manufacturing facility located in the Gyeonggi Province of South Korea. The grand opening event was attended by a number of the company’s customers, suppliers, co-suppliers and local dignitaries.
Cabot Microelectronics has invested approximately US$13 million to construct the 56,000 square foot (5,213 square meter) facility, which is located approximately 55 kilometers south of Seoul in Gyeonggi Province. The new research, development and manufacturing facility will enhance the company’s capabilities in the region and allow better support for key customers located in South Korea.Initially, the facility will support certain advanced dielectrics slurry products, and additional CMP products may be added in the future.
David Li, Cabot Microelectronics’ Vice President of Asia, stated, “It was my sincere honor to host our customers, suppliers, co-suppliers and local dignitaries, at the recent grand opening event. This new facility supports our strategic initiative to work more closely with our customers in South Korea and better serve this important market.”
ABOUT CABOT MICROELECTRONICS CORPORATION
Cabot Microelectronics Corporation, headquartered in Aurora, Illinois, is the world’s leading supplier of CMP polishing slurries and a growing CMP pad supplier to the semiconductor industry.The company’s products play a critical role in the production of advanced semiconductor devices, enabling the manufacture of smaller, faster and more complex devices by its customers.The company’s mission is to create value by developing reliable and innovative solutions, through close customer collaboration, that solve today’s challenges and help enable tomorrow’s technology.Since becoming an independent public company in 2000, the company has grown to approximately 1,000 employees on a global basis. For more information about Cabot Microelectronics Corporation, visit www.cabotcmp.com or contact Trisha Tuntland, Manager of Investor Relations at (630) 499-2600.