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Coherent Announces Intent to Sell Epitaxial Fabrication Facility in Champaign, Illinois

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Coherent Corp. (NYSE: COHR) has announced plans to sell its epitaxial fabrication facility in Champaign, Illinois, as part of its manufacturing footprint optimization strategy. The 65,000 ft² campus includes four buildings and features five G3 epi systems within 15,000 ft² of Class 1000 ballroom-style cleanrooms.

The facility, located near the University of Illinois at Urbana-Champaign, is equipped to handle up to 10 epitaxial tools and has previously manufactured 2-inch to 6-inch indium phosphide and gallium arsenide wafers. The site includes various fabrication and characterization equipment.

Coherent Corp. (NYSE: COHR) ha annunciato piani per vendere il suo impianto di fabbricazione epitassiale a Champaign, Illinois, come parte della sua strategia di ottimizzazione della produzione. Il campus di 65.000 ft² comprende quattro edifici e dispone di cinque sistemi epi G3 all'interno di 15.000 ft² di cleanroom di classe 1000 in stile ballroom.

La struttura, situata vicino all'Università dell'Illinois a Urbana-Champaign, è attrezzata per gestire fino a 10 strumenti epitassiali e ha precedentemente prodotto wafer di fosfuro d'indio e arsenico di gallio da 2 pollici a 6 pollici. Il sito include vari attrezzature per la fabbricazione e la caratterizzazione.

Coherent Corp. (NYSE: COHR) ha anunciado planes para vender su instalación de fabricación epitaxial en Champaign, Illinois, como parte de su estrategia de optimización de la producción. El campus de 65,000 ft² incluye cuatro edificios y cuenta con cinco sistemas epi G3 dentro de 15,000 ft² de salas limpias de clase 1000 en estilo ballroom.

La instalación, ubicada cerca de la Universidad de Illinois en Urbana-Champaign, está equipada para manejar hasta 10 herramientas epitaxiales y ha fabricado anteriormente obleas de fosfuro de indio y arseniuro de galio de 2 a 6 pulgadas. El sitio incluye diversos equipos de fabricación y caracterización.

Coherent Corp. (NYSE: COHR)는 일리노이주 샴페인의 에피택시얼 제조 시설을 판매할 계획을 발표했습니다. 이는 제조 최적화 전략의 일환으로 진행됩니다. 65,000 ft² 규모의 캠퍼스에는 네 개의 건물이 있으며, 15,000 ft²의 클래스 1000 클린룸 내에 다섯 개의 G3 에피 시스템이 있습니다.

이 시설은 일리노이 대학교 어바나-샴페인 캠퍼스 근처에 위치하며, 최대 10개의 에피택시얼 도구를 다룰 수 있도록 장비가 갖춰져 있으며, 이전에는 2인치에서 6인치까지의 인듐 인화물 및 갈륨 비소 웨이퍼를 제조했습니다. 이 사이트에는 다양한 제조 및 특성화 장비가 포함되어 있습니다.

Coherent Corp. (NYSE: COHR) a annoncé son intention de vendre son installation de fabrication épitaxiale à Champaign, dans l'Illinois, dans le cadre de sa stratégie d'optimisation de sa production. Le campus de 65 000 ft² comprend quatre bâtiments et dispose de cinq systèmes G3 epi dans 15 000 ft² de salles blanches de classe 1000 de style ballroom.

Située près de l'Université de l'Illinois à Urbana-Champaign, l'installation est équipée pour gérer jusqu'à 10 outils épitaxiaux et a précédemment fabriqué des plaquettes de phosphure d'indium et d'arséniure de gallium de 2 à 6 pouces. Le site comprend divers équipements de fabrication et de caractérisation.

Coherent Corp. (NYSE: COHR) hat Pläne angekündigt, seine epitaxiale Fertigungsanlage in Champaign, Illinois, im Rahmen seiner Strategie zur Optimierung des Fertigungsstandorts zu verkaufen. Der 65.000 ft² große Campus umfasst vier Gebäude und verfügt über fünf G3-Epi-Systeme innerhalb von 15.000 ft² Reinraum der Klasse 1000 im Ballsaal-Stil.

Die Anlage, die sich in der Nähe der University of Illinois in Urbana-Champaign befindet, ist ausgestattet, um bis zu 10 epitaxiale Werkzeuge zu betreiben und hat zuvor 2-Zoll- bis 6-Zoll-Indiumphosphid- und Galliumarsenid-Wafer hergestellt. Der Standort umfasst verschiedene Fertigungs- und Charakterisierungsgeräte.

Positive
  • Manufacturing footprint optimization could lead to improved operational efficiency
  • Potential cash influx from facility sale
Negative
  • Reduction in manufacturing capacity
  • Potential loss of strategic manufacturing capabilities in epitaxial fabrication

SAXONBURG, Pa., March 26, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, announced today that it will sell its epitaxial fabrication facility in Champaign, Illinois, as part of its ongoing initiatives to optimize its manufacturing footprint.

The 65,000 ft2 campus features five G3 epi systems in 15,000 ft2 of Class 1000 ballroom-style cleanrooms. The fab is facilitized for up to 10 epitaxial tools and previously produced 2-inch to 6-inch indium phosphide and gallium arsenide wafers. Located six miles from the University of Illinois at Urbana-Champaign, the site comprises four buildings and a variety of fabrication and characterization equipment.

Inquiries can be directed to Tim Challingsworth, VP of Strategy & Corporate Development, at tim.challingsworth@coherent.com.

About Coherent

Coherent empowers market innovators to define the future through breakthrough technologies, from materials to systems. We deliver innovations that resonate with our customers in diversified applications for the industrial, communications, electronics, and instrumentation markets. Coherent has research and development, manufacturing, sales, service, and distribution facilities worldwide. For more information, please visit us at coherent.com.

Media Contact:

Amy Wilson
Corporate Communications & Investor Relations
corporate.communications@coherent.com


FAQ

What assets are included in Coherent's (COHR) Champaign facility sale?

The facility includes a 65,000 ft² campus with four buildings, five G3 epi systems, 15,000 ft² of Class 1000 cleanrooms, and various fabrication equipment.

What is the production capacity of COHR's Champaign epitaxial facility?

The facility is facilitized for up to 10 epitaxial tools and has produced 2-inch to 6-inch indium phosphide and gallium arsenide wafers.

Where is Coherent's (COHR) epitaxial facility located?

The facility is located in Champaign, Illinois, six miles from the University of Illinois at Urbana-Champaign.

Why is Coherent (COHR) selling its Champaign facility?

The sale is part of Coherent's ongoing initiatives to optimize its manufacturing footprint.
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