11 January 2012

CVD Equipment's orders grow 44% in 2011 to $36m

CVD Equipment Corp of Ronkonkoma, NY, USA (a designer and manufacturer of equipment for developing and manufacturing electronic components, materials and coatings) says that it received $36m in new orders for 2011, up 44% on 2010's $25m.

For the SDC (Stainless Design Concepts) division (which makes ultra-high-purity gas and chemical delivery systems), orders rose 78%, due mainly to further penetration of the R&D market expansion worldwide.

Orders for the CVD/FN (chemical vapor deposition/First Nano) division of production and research systems rose 45% to $30.5m, as it continues to benefit from the increased interest in energy generation, energy savings and nanotechnology fields and from the need to scale up production facilities with customized CVD equipment solutions. The firm anticipates that this demand will continue in 2012.

The CVD/First Nano Division consists of the CVD product group (which designs and builds pilot and production equipment for custom chemical vapor deposition processes) and the First Nano product group (which makes EasyTube equipment for growing nanowire, nanotube and thin-film materials) as well as an Application Laboratory (where it develops processes and solutions for commercializing emerging technology in the nano/solar fields and develops/optimizes custom material manufacturing processes).

“Quotation levels remain strong and we continue to find new opportunities for the application of our custom chemical vapor deposition solutions in addition to applications in the manufacturing of solar cells, grapheme films, carbon nanotubes, silicon nanowires and other nano materials,” says president & CEO Leonard Rosenbaum. “Using our Application Laboratory, we continue to perfect and expand the multiple areas where our process solutions can be applied. The aerospace, medical, solar and nanotechnology markets offer us significant worldwide growth opportunities for technologies that deliver favorable cost and performance benefits,” he adds.

“It is gratifying to see our strategy of accelerating commercialization of tomorrow’s technologies is being recognized by technology innovators with the financial acumen and resources to help accelerate the transition of nano materials from R&D into volume production,” says Karlheinz Strobl, VP of business development. “Our capabilities in equipment design, manufacturing, understanding of complex systems and materials manufacturing enables CVD to offer a lower-risk higher-value winning solution,” he reckons.

See related items:

CVD Equipment forms CVD Materials subsidiary

CVD Equipment doubles size by buying new facility

Tags: CVD Equipment

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