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Cabot Microelectronics opens CMP pad manufacturing facility

20 October 2008 | By Mark Osborne | News > Materials and Gases

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Cabot Microelectronics opens CMP pad manufacturing facility Cabot Microelectronics has opened its global pads manufacturing facility in Aurora, Illinois to meet the $500 million and growing CMP pad business. Cabot is well known for its CMP slurries, but only entered the polishing pads business in the last few years. The company said that it had CMP pad revenues of less than $1 million in 2007, but expects $15 million in revenue for fiscal 2008, which ended September 30th.

“I am very proud of the success we have had in our emerging polishing pads business, in terms of customer adoptions of our innovative product, which has driven the capacity expansion that we are celebrating today,” said William Noglows, Chairman and CEO of Cabot Microelectronics. “We have had a strong relationship with the City of Aurora, where our company began, and are delighted with the hospitable climate here for business investment.”

The new facility will create 90 new jobs.

 SEMICO: CMP market forecast

 

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