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CoorsTek Holds Grand Opening for Newest Facility in South Korea
Date:5/15/2008

All-new custom factory expected to enhance service levels and expand

presence in Asia-Pacific region

GUMI CITY, South Korea, May 15 /PRNewswire/ -- Today, CoorsTek held a grand opening ceremony at their newest technical ceramics manufacturing facility in South Korea. Significant increases in demand for high-purity and other specialty ceramics, primarily for the semiconductor manufacturing and flat-panel display industries, fueled the additional facility.

The grand opening started at 11:30 a.m. local time and included Mr. Nam Yoo-Chin, Mayor of Gumi City; Mr. KwanYong Kim, Governor of Gyeonsgsangbuk-do; Mr. TaeHwan Kim, Member of Korean National Assembly; Dr. John K. Coors, President, CEO, and Chairman of CoorsTek; Mr. Mark Petty, Executive Vice President of CoorsTek, Inc.; Mr. Cha Eun-Suk, President of CoorsTek Korea, and roughly 200 spectators.

The new facility, located in Gumi City, Korea, will be more than three times larger than their current location in Kyungbook and will serve as a manufacturing hub for most of Asia to accommodate continued market growth in the sector. For neighboring customers including Samsung, LG Phillips LCD, Hynix, and Magnachip Semiconductor, CoorsTek expects to offer enhanced customer interaction, higher regionally-built content, and improved service levels.

"This new, modern facility will significantly expand our capability and presence in the Asia-Pacific region to serve customers worldwide," states Mr. Eun-Suk Cha, President of CoorsTek Korea, part of CoorsTek, Inc. "Every element of the new facility was carefully considered to ensure superior customer support, excellent manufacturing efficiencies, and rapid-build capabilities," he continued.

More about CoorsTek

CoorsTek is the largest technical ceramics manufacturer in North America and has facilities in Europe and Asia. CoorsTek supplies critical components and assemblies for medical, automotive, semiconductor
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SOURCE CoorsTek
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