New manufacturing facility in Asan City, South Korea
Nacka, Sweden, November 23, 2022: Edwards, part of the Atlas Copco Group, is building a new manufacturing facility for vacuum and abatement systems used in the global manufacture of semiconductors. The new factory will be situated in Asan City, located in the Chungcheongnam-do province.
The 15,000m2 factory will join existing Edwards’ facilities in Cheonan, South Korea, including the new factory which opened in June to manufacture dry vacuum pumps for the semiconductor industry.
“This new investment shows our continued commitment to supporting our customers with future innovation and growth in the semiconductor industry in Korea and beyond,” said Geert Follens, Business Area President Vacuum Technique.
The investment will be important in ensuring the increased supply chain capacity required to support growth in the global semiconductor industry.
Construction of the new Asan City facility recently started and should be complete by the end of July 2023, with the factory expected to be fully operational during Q3 of 2023.
This new site in Asan City will provide an increase in capacity for both the CSK and Edwards brands in the manufacturing of abatement and liquid delivery systems, as well as the integrated vacuum and abatement systems used in the manufacturing of the most advanced semiconductor components.
For more information please contact:
Daniel Althoff, Vice President Investor Relations
+46 76 899 95 97
ir@atlascopco.com
Amanda Billner, Media Relations Manager
+46 73 582 56 70
media@atlascopco.com
Atlas Copco Group
Great ideas accelerate innovation. At Atlas Copco we have been turning industrial ideas into business-critical benefits since 1873. By listening to our customers and knowing their needs, we deliver value and innovate with the future in mind. In 2021, Atlas Copco had revenues of BSEK 111 and at year end about 43 000 employees. For more information: www.atlascopcogroup.com