Market Demand Prompts Dow Corning Expansion in Silicon Valley
24 Outubro 2006 - 9:00AM
PR Newswire (US)
Custom-designed facility expands manufacturing and sales to serve
the company's growing global customer base MIDLAND, Mich., Oct. 24
/PRNewswire/ -- Dow Corning Corp. today announced that it is
expanding its Silicon Valley operations to better serve its global
customer base in the semiconductor, LED, display, computer,
communications and other emerging markets. Dow Corning's Silicon
Valley facility manufactures fabricated thermal interface
materials, along with fabricated gel pads and strips. Dow Corning
has relocated this facility from its original Menlo Park, Calif.
location across San Francisco Bay to a larger, customized,
32,000-square-foot manufacturing facility in Newark, Calif.
Increased demand for its products across the globe in existing and
emerging markets, such as flat panel displays, power modules and
automotive electronics applications, prompted the company's move to
the larger facility. The new facility also consolidates Dow
Corning's Silicon Valley operations, including its approximately
55-person staff, in a single location; previously it had occupied
several satellite locations throughout the San Francisco Bay Area.
The interior of the new facility was built to the company's
specifications, and will house manufacturing operations, an on-site
manufacturing support laboratory, applications engineering, and
administrative offices for marketing and technical sales. "We are
set to deliver operational excellence that further positions Dow
Corning's supply chains as a competitively differentiated
capability," noted Fernando Haddad, ATVB global supply chain
director. "Market drivers dictated that we invest and expand our
thermal pad manufacturing capability," said Jeroen Bloemhard,
global industry executive director for Electronics & Advanced
Technologies for Dow Corning Corporation. "We remain dedicated to
Silicon Valley since it is a major hub for electronics innovation.
Having manufacturing, marketing and technical service in one
location allows us to respond better and faster to emerging changes
in market or customer requirements." The move to Newark is the
latest example of Dow Corning's continued growth in the thermal
management market. It originally acquired the Menlo Park facility
in 2003 as part of its acquisition of the Raychem Power Materials
Business Unit of Tyco Electronics. That move expanded Dow Corning's
product offerings in fabricated materials, adding fabricated gel
and thermal interface materials to its existing wet-dispensed
materials capabilities. About Dow Corning Dow Corning Corporation
(http://www.dowcorning.com/electronics) is a globally integrated
provider of materials, application technology and services, and is
focused on providing innovative technology for all segments of the
electronics industry. Dow Corning has development and applications
centers strategically located throughout Asia, Europe and the
United States. The centers offer advanced resources for electronics
materials and services, and are staffed with experienced
professionals who can provide technical support to customers
locally. Dow Corning Corporation is equally owned by The Dow
Chemical Company (NYSE:DOW) and Corning Incorporated (NYSE:GLW).
More than half of Dow Corning Corporation's sales are outside the
United States. DATASOURCE: Dow Corning Corporation CONTACT: Company
Contact: Don Piering of Dow Corning, +1-989-496-8972, ; Agency
Contact: Bruce Hokanson of Loomis Group, +1-360-574-4000, Web site:
http://www.dowcorning.com/electronics
Copyright
Corning (NYSE:GLW)
Gráfico Histórico do Ativo
De Jun 2024 até Jul 2024
Corning (NYSE:GLW)
Gráfico Histórico do Ativo
De Jul 2023 até Jul 2024