Applied Materials to More Than Double the Size of Company's Primary Manufacturing Facilities; Two-Building, 568,000-Square-Foot Addition Planned for Austin Site.AUSTIN Austin. 1 City (1990 pop. 21,907), seat of Mower co., SE Minn., on the Cedar River, near the Iowa line; inc. 1868. The commercial and industrial center of a rich farm region, it is noted as home to the Hormel meatpacking company, whose Spam Town museum , Texas--(BUSINESS WIRE)--July 3, 1997--Applied Materials, Inc. plans to more than double the size of its primary manufacturing site by completing a 258,000-square-foot building and erecting a new 310,000-square-foot building, with each structure featuring a 65,000-square-foot cleanroom manufacturing area. More than 1 million square feet of manufacturing space is proposed in Austin to ensure Applied Materials Applied Materials, Inc. NASDAQ: AMAT (HKSE: 4336 ) is the global leader in nanomanufacturing technology solutions with a broad portfolio of innovative equipment, service and software products for the fabrication of semiconductor chips, flat panel solar displays, solar meets the increasing, global demand for its Centura(R), Endura(R) and Precision 5000(R) wafer fabrication Wafer Fabrication is a procedure composed of many repeated sequential processes to produce complete electrical or photonic circuits. Examples include production of radio frequency (RF) amplifiers, LEDs, optical computer components, and CPUs for computers. systems. Plans call for the two new buildings to house more efficient manufacturing operations Manufacturing operations concern the operation of a facility, as opposed to maintenance, supply and distribution, health, and safety, emergency response, human resources, security, information technology and other infrastructural support organizations. that are part of the company's Unified Lean Manufacturing Lean manufacturing is the production of goods using less of everything compared to mass production: less human effort, less manufacturing space, less investment in tools, and less engineering time to develop a new product. Initiative (ULMI), which will enhance the way Applied Materials develops, customizes and builds its multi-chamber products. "Semiconductor manufacturers continue to invest strategically in our advanced technologies in multi-product areas. These new, hallmark hallmark, mark impressed on silverwork or goldwork to signify official approval of the standard of purity of the metal, also called plate mark. The hallmark was introduced by statute in England in 1300 and enforced by the Goldsmiths' Hall, London. facilities will house streamlined manufacturing lines capable of significantly strengthening our production capabilities," said Dr. Julio Aranovich, vice president of Worldwide Manufacturing Operations. As business conditions continue to improve, the company expects to hire several hundred new employees to institute ULMI initiatives. Currently, Applied Materials' Austin three-building campus provides 552,000 square feet with approximately 1,800 manufacturing employees. Construction of the Company's fourth building -- Building 30 -- began in 1995 and is expected to be completed by August, with manufacturing expected to begin soon thereafter. Construction of a new building -- Building 36 -- is expected to cost $45 million. Construction is scheduled to commence in September, with manufacturing planned to begin in the spring of 1998. Graeber, Simmons & Cowan Architects and Faulkner Construction Co., designer and builder of the first three Austin manufacturing facilities, also are erecting the fourth and fifth buildings. Their consultants include the Espey Huston & Associates engineering firm; Pickett, Kelm & Associates, structural engineers; and The Broussard Group, landscape architects. Applied Materials, Inc. is a Fortune 500 global growth company and the world's largest supplier of wafer fabrication systems and services to the global semiconductor industry. Applied Materials is traded on the NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on National Market System under the symbol "AMAT AMAT Applied Materials (stock symbol) AMAT Average Memory Access Time AMAT Automatic Message Accounting Transmitter AMAT Anti-Materiel (bomb or mine) AMAT Ageing Management Assessment Team ." Applied Materials' web site is http://www.AppliedMaterials.com . CONTACT: Applied Materials Steve Taylor, 512/272-2120 (editorial/media) Carolyn Schwartz, 408/748-5227 (investment community) |
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