Cabot Microelectronics
Corporation, the world's leading supplier of chemical mechanical planarization
(CMP) polishing slurries to the semiconductor industry, today celebrated the
grand opening of its global pads manufacturing facility in Aurora, Illinois.
Company management and employees were joined at the ceremony by the Mayor of
Aurora and other local officials to commemorate this historic event for the
company.
Cabot Microelectronics offers its Epic D100 polishing pad line, which complements
the company's CMP slurry product offerings. The company's polishing
pads business has grown from less than $1 million in revenue for fiscal 2007
to approximately $15 million in revenue for fiscal 2008, which ended September
30. Rapid growth in the pads business has led to the investment in the company's
Aurora facility, the creation of 90 new jobs at the company within the local
community, and the generation of increased business for Illinois and United
States suppliers.
"I am very proud of the success we have had in our emerging polishing
pads business, in terms of customer adoptions of our innovative product, which
has driven the capacity expansion that we are celebrating today," said
William Noglows, Chairman and CEO of Cabot Microelectronics. "We have
had a strong relationship with the City of Aurora, where our company began,
and are delighted with the hospitable climate here for business investment."