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CoorsTek Breaks Ground on Additional Facility in South Korea

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(Archive News Story - Products mentioned in this Archive News Story may or may not be available from the manufacturer.)

CoorsTek
16000 Table Mountain Pkwy.
Golden, CO, 80403
USA



Press release date: October 19, 2007

All-new custom factory expected to enhance service levels and expand presence in Asia-Pacific region

October 19, 2007 - Seoul, Korea - CoorsTek recently broke ground on 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 groundbreaking ceremony kicked off at 11:30 a.m. local time on Monday, October 15, and included Mr. Nam Yoo-Chin, Mayor of Gumi City; Mr. Lee Cheol-Woo, Vice Governor of Gyeonsgsangbuk-do; Mr. Cha Eun-Suk, President of CoorsTek Korea, and roughly 30 spectators.

The new facility, located in Gumi City, Korea, will be more than three times larger than their current location in Kyungbook to accommodate the continued growth expected in the sector. With nearby customers like Samsung, LG Phillips LCD, Hynix, and Magnachip Semiconductor, CoorsTek expects to offer enhanced customer interaction, higher regionally-built content, and improved service levels.

"We're very proud of the success we've experienced in the Asia-Pacific region and this new facility will further support our worldwide customer base," states Mr. Eun-Suk Cha, President of CoorsTek Korea, part of CoorsTek, Inc. "We are carefully reviewing every component of the new facility 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, aerospace, electronic, power generation, telecommunication, and other high-technology applications. Utilizing advanced material technologies, the company's engineered solutions enable its customers' products to overcome technological barriers and improve performance. For more information about CoorsTek, please visit the Company's website at www.coorstek.com.

Media Contact: Harrison Hartman T: 303.277.4559 F: 303.277.4779 hhartman@coorstek.com

Product Contact: Randel Mercer T: 408.981.0834 F: 303.277.4779 rmercer@coorstek.com
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