# Axcelis to Build New Manufacturing Facility in Pyeongtaek, Korea

- Link: https://www.thailand-business-news.com/pr-news/axcelis-to-build-new-manufacturing-facility-in-pyeongtaek-korea
- Published: 2026-09-08T19:00:00+07:00
- Author: PR Newswire

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BEVERLY, Mass., Sept. 8, 2026 /PRNewswire/ — Axcelis Technologies, Inc. (Nasdaq:
ACLS), a leading supplier of enabling ion implantation solutions for the semiconductor
industry, today announced plans to invest $35 million in its global manufacturing
infrastructure through the construction of a new ion implantation equipment manufacturing
facility in Pyeongtaek, Gyeonggi Province, Korea.

 [⌊Robert Mahoney, Axcelis’ EVP of Global Operations, with  Kim Jeong-kwan, Minister of Trade, Industry and Energy, at the recent U.S. Investment Filing Ceremony and Roundtable event held in Washington, D.C.⌉](https://mmx.prnasia.com/media/MS1983075/Mahoney_Korea_Invest_2026.jpg?id=OA2934182&p=medium600)

Robert Mahoney, Axcelis’ EVP of Global Operations, with Kim Jeong-kwan, Minister
of Trade, Industry and Energy, at the recent U.S. Investment Filing Ceremony and
Roundtable event held in Washington, D.C.

President and CEO Russell Low commented, "This investment reflects Axcelis’ continued
commitment to strengthening our global high volume manufacturing infrastructure 
and expanding the capabilities needed to serve our customers around the world. Ion
implanters are among the most important tools in front-end semiconductor manufacturing.
Building on our established presence in Korea, the new Pyeongtaek facility will 
enhance our ability to support growing global demand for semiconductors."

The Pyeongtaek site will encompass approximately 200,000 square feet of total gross
floor area. The manufacturing center’s design will provide a lean production environment
that encompasses nearly 50 years of semiconductor capital equipment experience. 
The Pyeongtaek facility will integrate warehousing, Class 1,000 and Class 10,000
cleanrooms, and a training center, to enable fast and flexible responses to our 
customers’ needs.

As part of this global manufacturing expansion, Robert Mahoney, Executive Vice President,
Global Operations, participated in an Investment Declaration Ceremony in Washington,
D.C., with representatives from the Ministry of Trade, Industry and Resources (MOTIR)
and the Korea Trade-Investment Promotion Agency (KOTRA) last week. A groundbreaking
ceremony will follow on October 20, 2026. Production at the new manufacturing facility
is scheduled to commence in the second half of 2028.

**About AxcelisAxcelis (Nasdaq: ACLS), headquartered in Beverly, Mass., has been
providing innovative, high-productivity solutions for the semiconductor industry
for nearly 50 years. Axcelis is dedicated to developing enabling process applications
through the design, manufacture and complete life cycle support of ion implantation
systems, one of the most critical and enabling steps in the IC manufacturing process.
Learn more about Axcelis at [www.axcelis.com](https://edge.prnewswire.com/c/link/?t=0&l=en&o=4768614-1&h=778369006&u=https%3A%2F%2Fwww.axcelis.com%2F&a=www.axcelis.com).

**Safe Harbor Statement:Statements made in this press release that are not of known
historical fact are forward-looking statements and are subject to the safe harbor
provisions created by the Private Securities Litigation Reform Act of 1995. These
statements are based on management’s current expectations and should be viewed with
caution. They are subject to various risks and uncertainties that could cause actual
results to differ materially from those in the forward-looking statements, including
the risks and uncertainties that are described in the documents filed or furnished
by us with the Securities and Exchange Commission ("SEC"), including specifically
the risk factors described in our most recent Annual Report on Form 10-K and other
subsequent filings with the SEC. The Company undertakes no obligation to update 
the information or statements made in this press release.

**CONTACTS:**

**Investor Relations Contact:David Ryzhik
Senior Vice President and Interim CFOTelephone:(
978) 787-2352Email: [David.Ryzhik@axcelis.com](https://www.thailand-business-news.com/pr-news/David.Ryzhik@axcelis.com)

**Press/Media Relations Contacts:** 
Maureen HartSenior Director, Corporate & Marketing
CommunicationsTelephone: (978) 787-4266Email: [Maureen.Hart@axcelis.com](https://www.thailand-business-news.com/pr-news/Maureen.Hart@axcelis.com)

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