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CoorsTek Holds Grand Opening for Newest Facility in South Korea

GUMI CITY, South Korea, May 15 PRNewswire — Today, CoorsTek held a grand opening ceremony at 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 grand opening started at 11:30 a.m. local time and included Mr. Nam Yoo-Chin, Mayor of Gumi City; Mr. KwanYong Kim, Governor of Gyeonsgsangbuk-do; Mr. TaeHwan Kim, Member of Korean National Assembly; Dr. John K. Coors, President, CEO, and Chairman of CoorsTek; Mr. Mark Petty, Executive Vice President of CoorsTek, Inc.; Mr. Cha Eun-Suk, President of CoorsTek Korea, and roughly 200 spectators.

The new facility, located in Gumi City, Korea, will be more than three times larger than their current location in Kyungbook and will serve as a manufacturing hub for most of Asia to accommodate continued market growth in the sector. For neighboring customers including Samsung, LG Phillips LCD, Hynix, and Magnachip Semiconductor, CoorsTek expects to offer enhanced customer interaction, higher regionally-built content, and improved service levels.

"This new, modern facility will significantly expand our capability and presence in the Asia-Pacific region to serve customers worldwide," states Mr. Eun-Suk Cha, President of CoorsTek Korea, part of CoorsTek, Inc. "Every element of the new facility was carefully considered 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 http://www.coorstek.com.

For high-resolution photos of the grand opening celebration and the new facility, please follow links below:

http://www.coorstek.com/resources/images/New_Korea_Facility.jpg

(12.7" x 6.9" @ 300 dpi, 3.8 MB) — Optional photo caption: "The newest CoorsTek facility is expected to provide high-purity ceramic components primarily for semiconductor industry."

http://www.coorstek.com/resources/images/Cha_Korea_Opening_Ceremony.jpg

(10.8" x 8.1" @ 300 dpi, 3.4 MB) — Optional photo caption: "Mr. Eun Cha, President of CoorsTek Korea, introduces the facility to 200 dignitaries and VIP guests."

http://www.coorstek.com/resources/images/Dr_John_Coors_Opening_Ceremony.jpg

(10.8" x 8.1" @ 300 dpi, 3.4 MB) — Optional photo caption: "Dr. John K. Coors, President, CEO, and Chairman of CoorsTek, inc., addresses reception crowd."

CoorsTek, and Amazing Solutions are registered trademarks of CoorsTek, Inc. 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

SOURCE CoorsTek

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