1 May 2012

CVD Equipment completes building sale prior to expansion

CVD Equipment Corp of Ronkonkoma, NY, USA (a designer and maker of equipment for developing and manufacturing electronic components, materials and coatings) has completed the sale of its facility at 979 Marconi Avenue, Ronkonkoma, NY, USA (comprising 63,275 square feet in two buildings), where its Application Laboratory was located.

“During second-quarter 2012 we will be focusing on moving the company to our recently purchased building at 355 South Technology Drive, Central Islip, NY [a 120,000 square foot facility, just 15 minutes away] and growing our CVD materials and equipment business,” says president & CEO Leonard Rosenbaum.

CVD offers a range of chemical vapor deposition, gas control, and other equipment for the research, design and manufacture of semiconductors, solar cells, graphene, carbon nanotubes, nanowires, LEDs, MEMS, smart glass coatings, battery and/or ultra-capacitor materials, medical coatings, industrial coatings, and equipment for surface mounting of components onto printed circuit boards.

“We expect additional growth opportunities for both equipment and materials, based on materials developed in our larger and enhanced Application Laboratory,” Rosenbaum says. “After our relocation is complete, we will be able to expand our (i) equipment manufacturing, (ii) nano material manufacturing, (iii) pilot-production process development and demonstration for the transformation of nano materials to macro-sized materials, and (iv) joint business/technology developments for products enabled by nano materials that will be marketed through our wholly owned subsidiary CVD Materials Corp (formed last October).”

See related items:

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

CVD Equipment forms CVD Materials subsidiary

CVD Equipment doubles size by buying new facility

Tags: CVD Equipment

Visit: www.cvdequipment.com