NEW YORK: Entegris, Inc. (Nasdaq: ENTG), a global leader in advanced materials science, said on Thursday it will invest $700 million in domestic research and development over the next several years to accelerate semiconductor innovation, in collaboration with the Trump Administration.
The investment spans Entegris’ Materials Solutions and Advanced Purity Solutions divisions and includes capital expenditures aimed at strengthening the U.S. semiconductor supply chain.
A portion of the funding will support the transformation of its Aurora, Illinois site into a U.S. Technology Center, strategically positioned between key semiconductor hubs in New York, Ohio, Arizona, and Texas. The facility will serve as a cornerstone of Entegris’ solutions selling strategy, enhancing product performance and reducing time to market across its portfolio, including deposition materials, slurries, cleans, and CMP pads.
“To support the industry’s growth, we have been creating a stronger and more resilient domestic semiconductor ecosystem in the U.S.,” said Dave Reeder, president and CEO of Entegris.
The announcement builds on Entegris’ prior $700 million commitment to a manufacturing center of excellence in Colorado Springs, Colorado, reinforcing its long-term strategy to support advanced semiconductor manufacturing and technology leadership.
As domestic semiconductor capacity expands, Entegris said the need for innovation and collaboration will intensify, creating new opportunities for materials suppliers to meet evolving industry demands.