GT Advanced Technologies Opens New Silicon Carbide Manufacturing Facility
GTAT Corporation (GTAT) opened its new state-of-the-art silicon carbide manufacturing plant with a ribbon-cutting ceremony on Tuesday, June 26, 2018 that included state and local officials who were on hand to commemorate the event. The facility, located in Hudson, New Hampshire, also includes the company's new corporate headquarters as well as its advanced research and development center.
The new facility is a highly-scalable plant that will meet growing demand for high quality silicon carbide material, pictured above from left to right, Alexandre Zyngier, member of the Board of Directors, Dr. P.S. Raghavan, Chief Technology Officer, Greg Knight, President and Chief Executive Officer, Joe Loiselle, Vice President, Global Operations, Michele Rayos, Vice President and Chief Financial Officer, Amit Patel, Portfolio Manager, Whitebox Advisors LLC
Silicon carbide, a crucial material for high-power electronics, is a key enabler of a new generation of products in growing markets such as electric vehicles, data centers and solar systems. GTAT has been a leader in the development of advanced materials, equipment and technology solutions for global markets in photovoltaics and optoelectronics.
"The opening of our new silicon carbide production facility represents a significant milestone for the company's transition from an equipment provider to a materials company," said Greg Knight, GTAT's president and chief executive officer.
"This beautiful, new production facility positions us as one of the only companies in the world with the know-how and capacity to offer high quality silicon carbide material for a growing number of power electronics applications in high growth markets.
"Our expertise in crystal growth equipment, managing supply chains and deep domain knowledge in a number of advanced materials has given us a competitive advantage in meeting the growing demand for wide-band-gap semiconductors," Knight concluded.
The company is continuing to commercialize other technologies such as its new tube filaments used to lower the cost of producing polysilicon and its continuous Cz feeder, which lowers the cost of producing monocrystalline silicon wafers for the solar industry.