MEDIA ADVISORY: Entegris to Host Groundbreaking Ceremony for $600 Million Manufacturing Center of Excellence in Colorado Springs, Joined by Mayor Mobolade and Other Local Officials

Rhea-AI Summary

Entegris to build a $600 million manufacturing center of excellence in Colorado Springs, targeting initial commercial operation in early 2025. The 100,000-square-foot facility will support production for Entegris' Microcontamination Control (MC) and Advanced Materials Handling (AMH) divisions. The center has the potential to create approximately 600 new jobs over several years.

Positive

• Entegris plans to build a $600 million manufacturing center of excellence in Colorado Springs, which could positively impact the stock price. The facility will support production for the company's Microcontamination Control (MC) and Advanced Materials Handling (AMH) divisions. This expansion has the potential to create approximately 600 new jobs over several years.

Negative

• None.

BILLERICA, Mass.--(BUSINESS WIRE)-- On Wednesday, June 7, 2023, Entegris will be hosting a groundbreaking ceremony for its $600 million manufacturing center of excellence in Colorado Springs, Colorado. The event will include remarks from Entegris President and Chief Executive Officer Bertrand Loy; Colorado Springs’ newly inaugurated Mayor Yemi Mobolade; El Paso County Commissioner Cami Bremer; and Johnna Reeder Kleymeyer, President & CEO, Colorado Springs Chamber of Commerce and Economic Development Corporation, as well as other dignitaries.

The new campus, which is targeted to begin initial commercial operation in early 2025, will be built in phases. The 100,000-square-foot facility will support production for Entegris’ Microcontamination Control (MC) and Advanced Materials Handling (AMH) divisions.

The center for excellence will play an important role in the Colorado Springs community and has the potential to create approximately 600 new jobs over several years.

What:		Groundbreaking Ceremony for Manufacturing Center of Excellence in Colorado Springs
When:		June 7, 2023, 10:30 AM MT
Where:		301 S. Rockrimmon Blvd
		Colorado Springs, CO

Speakers:
Entegris President and CEO, Bertrand Loy
Entegris Divisional President, Advanced Materials Handling, Bill Shaner
Mayor of Colorado Springs, Yemi Mobolade
CEO of Norwood Development Group, Chris Jenkins
El Paso County Commissioner, Cami Bremer
President & CEO, Colorado Springs Chamber of Commerce and Economic Development Corporation, Johnna Reeder Kleymeyer
Contacts:
Connie Chandler
Senior Director of Corporate Communications
T +1 714-504-5147
connie.chandler@entegris.com

NOTE FOR MEDIA: Media who plan to attend should RSVP to connie.chandler@entegris.com as soon as possible with full name (as it appears on a government-issued identification) for security purposes.

About Entegris

Entegris is the global leader in electronic materials for the semiconductor market. With approximately 9,000 employees across its global operations, Entegris offers the industry’s most comprehensive and innovative unit-driven end-to-end offering for semiconductor customers, in addition to solutions for the life sciences and other advanced manufacturing environments. Entegris’ solutions help customers improve their performance, productivity and yields to enable technologies that transform the world. It has manufacturing, customer service, and/or research facilities in the United States, Canada, China, France, Germany, Israel, Italy, Japan, Malaysia, Singapore, South Korea, Taiwan and the United Kingdom. For more information about Entegris, visit us at www.entegris.com, or follow us on LinkedIn, Twitter, Facebook, and Instagram.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230606005805/en/

Media:

Connie Chandler

Senior Director of Corporate Communications

T +1 714-504-5147

connie.chandler@entegris.com

Source: Entegris

FAQ

What is Entegris planning to build in Colorado Springs?

Entegris is planning to build a $600 million manufacturing center of excellence in Colorado Springs.

What will the facility support?

The facility will support production for Entegris' Microcontamination Control (MC) and Advanced Materials Handling (AMH) divisions.

How many jobs could be created by this expansion?

This expansion has the potential to create approximately 600 new jobs over several years.