HAYWARD, Calif., July 29, 2020 /PRNewswire/ -- Ultra Clean
Holdings, Inc. (NASDAQ: UCTT) today announced its expansion into
Malaysia and will be opening a
manufacturing facility in the Batu Kawan Industrial Park, Pulau
Pinang.
Malaysia has established a
strong base of high-value manufacturing companies and is poised to
capitalize on growth opportunities, specifically in the
semiconductor market.
"We are proud to partner with the Government of Malaysia and the state of Penang to expand our global footprint as part
of our strategic growth plan," said Vijay
Chinnasami, COO. "This state-of-the-art facility will ensure
business continuity, enable us to better serve and bring value to
our local and global customer base, and allow us to capitalize on
longer-term growth opportunities."
Leasehold improvements should begin in the fourth quarter this
year and the new facility will likely employ more than 650
personnel over the next five years, including roles in
manufacturing, engineering, research and development as well as
quality management.
About Ultra Clean Holdings, Inc.
Ultra Clean
Holdings, Inc. is a leading developer and supplier of critical
subsystems, ultra-high purity cleaning and analytical services
primarily for the semiconductor industry. Ultra Clean offers its
customers an integrated outsourced solution for major
subassemblies, improved design-to-delivery cycle times, design for
manufacturability, prototyping and component manufacturing, and
tool chamber parts cleaning and coating, as well as
micro-contamination analytical services. Ultra Clean is
headquartered in Hayward,
California. Additional information is available at
www.uct.com.
Safe Harbor Statement
The foregoing information
contains, or may be deemed to contain, "forward-looking statements"
(as defined in the US Private Securities Litigation Reform Act of
1995) which reflect our current views with respect to future events
and financial performance. We use words such as "anticipates,"
"projection," "outlook," "forecast," "believes," "plan," "expect,"
"future," "intends," "may," "will," "estimates," "see," "predicts,"
"should" and similar expressions to identify these forward-looking
statements. All forward-looking statements address matters that
involve risks and uncertainties. Accordingly, the Company's actual
results may differ materially from the results predicted or implied
by these forward-looking statements. These risks, uncertainties and
other factors also include, among others, those identified in "Risk
Factors," "Management's Discussion and Analysis of Financial
Condition and Results of Operations'' and elsewhere in our annual
report on Form 10-K for the year ended December 27, 2019 as filed with the Securities
and Exchange Commission. Ultra Clean Holdings, Inc. undertakes no
obligation to publicly update or review any forward-looking
statements, whether as a result of new information, future
developments or otherwise unless required by law.
For more information, please contact:
Rhonda Bennetto, Vice President Investor
Relations
rbennetto@uct.com
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SOURCE Ultra Clean Holdings, Inc.