share_log

KLA Announces Plans To Build New R&D, Manufacturing Facility In Newport, Wales

Benzinga Real-time News ·  Sep 29, 2022 16:06

KLA Corporation (NASDAQ:KLAC) has announced plans to build a new research-and-development (R&D) and manufacturing center for the SPTS division, in Newport, Wales, UK. The new development designed to meet BREEAM standard of sustainability rating of excellent is expected to include a capital investment of more than $100 million and create a 200,000 square foot facility. The new state-of-the-art innovation center and manufacturing facility will include offices, cleanrooms, storage and support facilities and accommodate up to 750 employees.

"SPTS has experienced significant growth in its business over the past several years and is a highly successful division...

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment