|8/23/2010 ||Coatings for Plastic Injection Molding |
Poco Graphite and its parent company Entegris have developed a superior coating for plastic injection molding. UltraC™ Diamond coatings for the mold industry offer high hardness, high performance, and are very lubricious. These ultra thin carbon coatings are deposited by our proprietary PECVD (plasma enhanced chemical vapor deposition) technique at low temperatures (<150°C). The high hardness and lubricious nature of the coatings improves the wear and abrasion resistance properties of moving components in molds. UltraC Diamond coatings can also be used to provide better release for many polymers. Our unique deposition process can be tailored to deposit coatings on three dimensional complex geometries along with depositing on a variety of substrate materials. Entegris’ UltraC Diamond coatings can boost your mold productivity and improve tool life. For more information please visit us at www.entegrisspecialtycoatings.com or call +1-781-359-3700.
|8/02/2010 ||POCO Welcomes Dave Pedersen |
David Pedersen has become the newest member of the EDM Support Team at Poco Graphite. As an EDM Applications / Sales Specialist, Mr. Pedersen will be supporting POCO’s EDM distribution network, end-users and others within the industry. Having over 35 years of experience in the moldmaking industry, Mr. Pedersen’s skills span a full range of operations to include mold production, conventional machine technology, electrode design and practical applications in both sinker and wire EDM. During his career, Mr. Pedersen has worked in mold shops, with EDM OEM’s and as an instructor at the Tool and Die Institute of the National Tooling and Manufacturing Association. Prior to joining Poco Graphite, Mr. Pedersen was most recently an Applications Engineer with +GF+ AgieCharmilles. We are proud to have the added experience that Mr. Pedersen brings to the applications group of Poco Graphite and are certain that our customers will benefit from his being a member of the POCO team as well.
|2/06/2009 ||New Cleaning Process For Silicon Carbide |
Poco Graphite has developed a new cleaning process for machined silicon carbide parts. The new clean is designed to reduce particulates in end process semiconductor applications.
|9/15/2008 ||IMTS GPS Drawing Winners |
At the IMTS 2008 show in Chicago, IL, POCO gave away a GPS each day. Below is a list of winners.
Chris Myers of Carson Tool
Roland Brown of Canon Virginia
Jim Zachary of Zimmer, Inc
Brad Helton of Integrity Mold & Die
Tim Dettmann of Square D Company
John Ziegenhorn of Matrix Tooling
Congradulations to all! If you did not pick up your GPS at the show, it will be mailed to you.
|8/12/2008 ||Entegris Completes Acquisition of Poco Graphite |
CHASKA, Minn., August 12, 2008 – Entegris, Inc. (NasdaqGS:ENTG - News) today announced that it received regulatory approval and subsequently completed its acquisition of Poco Graphite, a privately held company based in Decatur, Texas.
"The addition of POCO augments our base of business in the semiconductor industry, while providing growth opportunities in an array of other high-performance markets,'' said Gideon Argov, president and chief executive officer of Entegris. "POCO builds on our materials science capabilities and adds another consumable product line to our mix.''
|7/14/2008 ||Entegris to Acquire Poco Graphite |
CHASKA, Minn., July 14, 2008 – Entegris (Nasdaq: ENTG) today announced that it has signed a definitive agreement to acquire privately held Poco Graphite, Inc., in an all-cash transaction valued at $158 million.
Based in Decatur, Texas, POCO is a leading provider of process-critical graphite-based consumables and finished products used in a variety of markets, including semiconductor, EDM (electrical discharge machining), medical, opto-electronic, aerospace and specialty industrial. In 2007, POCO generated revenues of more than $60 million, of which approximately 40 percent was from sales to semiconductor-related customers.
The transaction, which is expected to be accretive to Entegris’ earnings per share in 2009, will extend Entegris’ position in the semiconductor market as a major provider of process-critical consumables and related products and services, and will add new complementary growth vectors in other high-performance industries.
“This transaction adds to our core materials science competencies, significantly broadens our range of high-performance consumable offerings, and enables us serve more customers in more ways,” said Gideon Argov, president and chief executive officer of Entegris. “As such, it is an opportunity to increase our revenues and earnings, accelerate our growth, create economies of scale and build value for our shareholders.
"POCO, together with the Entegris Specialty Coatings business that we acquired in August 2007, will form the foundation of a materials-based, consumable products business that has a strong presence in semiconductors but is also well-positioned in other growth areas. With 60 percent of its revenue coming from outside the semiconductor industry, POCO provides us with existing sales and growth opportunities in the medical, aerospace and specialty industrial markets,” Argov said.
Corey Rucci, president and chief operating officer of Poco Graphite, said: “Highly engineered graphite and silicon carbide consumables are currently an expanding market that is more than 90 percent recurring and that is expected to grow by more than 10 percent a year. We’re excited to become part of Entegris, a relationship that should create new opportunities for our products, our customers and, above all, our people.” Mr. Rucci will lead this new Entegris business following completion of the transaction.
Products offered and industries served by POCO include such semiconductor-related consumables as electrodes, crucibles and wafer handlers; consumables used in Electrical Discharge Machining (EDM), a process utilized in applications that require very fine tolerances and geometries difficult to achieve with standard machining techniques; industrial consumables, such as silicon carbide replacements for beryllium components, bearings, bushings and engine seals; and consumables for the glass industry to transport and handle containers at high temperatures.
Completion of the transaction is subject to Hart-Scott-Rodino review and other customary conditions. Upon completion, which is expected to occur in the third quarter of 2008, POCO will become a wholly owned, Decatur, Texas-based subsidiary of Entegris.
Conference Call to Discuss the Transaction
Entegris will hold a conference call to discuss the transaction on Tuesday, July 15, 2008, at 11:30 a.m. Eastern Time. Participants should dial 1-888-219-1412 (for domestic callers) or 1-913-312-1412 (for callers outside the U.S.) and reference passcode 3436574. A replay of the call can be accessed at 1-888-203-1112 or 1-719-457-0820 using passcode 3436574. A webcast of the call can also be accessed from the investor relations section of Entegris’ website at www.entegris.com.
Entegris is a leading provider of a wide range of products for purifying, protecting and transporting critical materials used in processing and manufacturing in the semiconductor and other high-tech industries. Entegris is ISO 9001 certified and has manufacturing, customer service and/or research facilities in the United States, China, France, Germany, India, Israel, Japan, Malaysia, Singapore, South Korea and Taiwan. Additional information can be found at www.entegris.com.
Information Concerning Forward-Looking Statements
Certain information contained in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on current management expectations only as of the date of this press release, which involve substantial risks and uncertainties that could cause actual results to differ materially from the results expressed in, or implied by, these forward-looking statements. Statements modified by words such as "anticipate," "believe," "estimate," "expect," "forecast," "may," "will," "should" or the negative thereof and similar expressions as they relate to Entegris or our management are intended to identify such forward-looking statements. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions which are difficult to predict. These risks include, but are not limited to, fluctuations in the market price of Entegris' stock, future operating results of Entegris, other acquisition and investment opportunities available to Entegris, general business and market conditions and other factors. Additional information concerning these and other risk factors may be found in previous financial press releases issued by Entegris and Entegris' periodic public filings with the Securities and Exchange Commission, including the discussion described under the headings "Risks Relating to our Business and Industry," "Manufacturing Risks," "International Risks," and "Risks Related to Securities Markets and Ownership of Our Securities" in Item 1A of our Annual Report on Form 10-K for the fiscal year ended December 31, 2007, as well as other matters and important factors disclosed previously and from time to time in the filings of Entegris with the U.S. Securities and Exchange Commission. Except as required under the federal securities laws and the rules and regulations of the Securities and Exchange Commission, we undertake no obligation to update publicly any forward-looking statements contained herein.
|2/12/2008 ||Chatura Patuwathvithane Named Applications Engineer for Poco Graphite Inc. |
Poco Graphite Inc. announced today that Chatura Patuwathvithane has been hired as an Applications Engineer.
Mr. Patuwathvithane joins POCO with an extensive background in Physics and materials. His past experience will be an asset as he works with POCO’s diverse product lines, which includes technical materials for semiconductor, biomedical, scientific, semiconductor and general industrial applications.
According to Scott Sirignano, POCO’s General Sales Manager, “We are excited about Chatura joining the POCO team. We are confident that his technical background and work experience will support our vast new business opportunities and result in POCO’s customers realizing our unique solutions.”
Mr. Patuwathvithane received his undergraduate degree in Physics from the University of Colombo, Sir Lanka. He also holds a MS in Physics and Materials Engineering from Auburn University in Auburn, Alabama.
|1/29/2008 ||Poco Graphite Granted New Patents |
The U.S. and European Patent and Trademark Offices have approved the issuance of a patent for the company's manufacturing, method, and design of a dual gas delivery electrode.
In leading edge applications, two gases must be mixed and reacted in a controlled atmosphere at very high temperatures. The ability to keep separation between the two gases with components fabricated from non-reactive materials is a significant obstacle. POCO has utilized their unique conversion and conversion bonding technologies to allow for internal plenums in a monolithic showerhead. This allows separation of gases until you design them to mix.
Another patent was issued by the Australian Patent and Trademark Office for the process of making carbon foam induced by process depressurization.
Carbon foams are a recent developmental area that has resulted in a high level of commercial interest. Pitch based carbon foams are considered to be a network of interconnected ligaments or struts. As such, pitch based carbon foams represent a positive alternative as heat exchangers due to its unique conductivity, being light weight and the ability to be utilized in convection or conductive heating.
|4/17/2007 ||U. S. Air Force Awards Poco Graphite $3.6 Million Contract to Continue Silicon Carbide Program |
Poco Graphite has announced that they have been awarded a major contract from the U.S. Air Force for $3,612,000 to continue work in applying their unique silicon carbide technology for aerospace structures. POCO’s unique chemical vapor conversion manufacturing process has been used to supply components to the semiconductor industry since 1995.
“We’re excited about being able to continue this development work with the Air Force”, says Scott Sirignano, POCO’s General Manager. We believe our exclusive silicon carbide manufacturing process and SUPERSiC® materials system offers a significant opportunity for cost effective mirrors and structures that will be needed for the development of advanced defense systems and space applications.”
In 2003, POCO was awarded their original government contract to explore using silicon carbide as a replacement for beryllium. At that time, the Air Force was determined to find a replacement for beryllium because of its cost and environmental concerns. POCO is currently involved in U.S. government contracts totaling $9.3 Million funding continuing work through 2009.
POCO’s government-supported programs are focused on three areas: optimize the process for aerospace applications; generate design data; and manufacture and deliver full scale hardware for testing.
As a result of these contracts, a significant number of silicon carbide structures have been manufactured and are now entering test programs.
The contracts from this program will help further develop an aerospace structures market, provide spin-off benefits in the commercial optics market and has already expanded the use of silicon carbide in the semiconductor industry.
|5/26/2006 ||POCO Introduces Improved CXT – CXT-Xtra |
Poco Graphite is focusing on material improvements in the graphite grades for container glass handling applications. “The container glass market is very competitive and materials that enable container glass manufacturers to increase production by reducing down time to change out worn components goes right to the bottom line,” says Scott Sirignano, General Manager. “As a manufacturer of technical materials, we have the ability to tailor our grades to meet the changing requirements of this industry.”
POCO produces a wide range of graphite grades used in many technical and industrial applications, each with a unique set of physical properties and characteristics. For the glass industry, POCO has targeted graphite grades for improvement or elimination based on cost/performance benchmarks for their intended applications.
CXT has been widely used for lehr stacker pads and transfer paddles. The improved version will launch as CXTX. CXT-Xtra has increased compressive and flexural strengths, higher hardness along with reduced thermal conductivity. This boost in physical properties will allow the graphite parts to resist wear longer, thus increasing the machine up time. The lower thermal conductivity of this improved material will further reduce the possibility of pads checking the glass containers as they are moved toward and into the lehr. CXTX can be used from the sweep out blade to the lehr.
New applications for new CXTX are pads for a new concept sweep out that will be introduced in the third quarter along with a bottle spacer.
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