WASHINGTON (dpa-AFX) - Entegris Inc. (ENTG) announced a $700 million domestic R&D investment over the next several years to accelerate semiconductor innovation. The funding will support R&D projects and related capital expenditures across its two divisions: Materials Solutions and Advanced Purity Solutions.
A portion of the investment will be directed toward transforming its Aurora, Illinois location-strategically positioned between key semiconductor hubs in New York, Ohio, Arizona, and Texas-into a state-of-the-art U.S. Technology Center.
The initiative complements Entegris' earlier $700 million commitment to developing a world-class manufacturing center of excellence in Colorado Springs, Colorado.
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