Cabot Microelectronics Corporation Announces Intent to Launch New Corporate Brand

Rhea-AI Summary

Cabot Microelectronics Corporation (Nasdaq: CCMP) is set to undergo a comprehensive rebranding effective October 1, 2020. This initiative reflects the company’s commitment to innovation and technology leadership, aimed at supporting future growth in the semiconductor and pipeline industries. The change will not affect the company’s stock ticker, CCMP. With approximately 2,000 employees, Cabot Microelectronics continues to supply essential materials for advanced semiconductor devices and performance materials for pipeline operators.

Positive

• The rebranding reflects a commitment to innovation and technology leadership.
• Preparation for future growth in both semiconductor and pipeline sectors.

Negative

• None.

Aurora, IL, Sept. 01, 2020 (GLOBE NEWSWIRE) -- Cabot Microelectronics Corporation (Nasdaq: CCMP), a leading global supplier of consumable materials to semiconductor manufacturers and pipeline companies, today announced its intent to change its name and visual identity in a comprehensive rebrand, effective October 1, 2020.

The rebranding strategy reflects the company’s ongoing commitment to innovation and technology leadership, providing critical, enabling materials to its global customers, and preparation for future growth.

The company’s stock ticker, CCMP, will not change as a part of the rebranding efforts.

ABOUT CABOT MICROELECTRONICS CORPORATION
Cabot Microelectronics Corporation, headquartered in Aurora, Illinois, is a leading global supplier of consumable materials to semiconductor manufacturers and pipeline companies.  The company’s products play a critical role in the production of advanced semiconductor devices, helping to enable the manufacture of smaller, faster and more complex devices by its customers.  Cabot Microelectronics Corporation is also a leading provider of performance materials to pipeline operators.  The company's mission is to create value by delivering high-performing and innovative solutions that solve its customers’ challenges.  The company has approximately 2,000 employees globally.  For more information about Cabot Microelectronics Corporation, visit www.cabotcmp.com, or contact Colleen Mumford, Vice President, Communications and Marketing, at 630-499-2600.

Colleen Mumford
Vice President, Communications and Marketing
Cabot Microelectronics Corporation
(630) 499-2600

FAQ

What is the significance of Cabot Microelectronics' rebranding on October 1, 2020?

The rebranding signifies Cabot Microelectronics' commitment to innovation and future growth in the semiconductor and pipeline industries.

Will the stock ticker CCMP change after the rebranding?

No, the stock ticker CCMP will remain unchanged as part of the rebranding efforts.

How many employees does Cabot Microelectronics Corporation have?

Cabot Microelectronics Corporation has approximately 2,000 employees globally.