+44 (0)24 7671 8970
More publications     •     Advertise with us     •     Contact us
News Article

Greene Tweed breaks ground on Korean facility


New manufacturing plant is a strategic growth investment in the region, bringing enhanced supply chain stability to the semiconductor industry.

Greene Tweed, a leading global manufacturer of high-performance thermoplastics, composites, seals, and engineered components, is pleased to announce the groundbreaking of its newest manufacturing facility in Cheongju-si, Chungcheongbuk-do -- it’s first in the Republic of Korea. A celebration ceremony was held on Monday, June 5 at the construction site with leaders from Greene Tweed and local dignitaries in attendance.

Greene Tweed executives Magen Buterbaugh, President and CEO, and Allon Bloch, Chairman, shared their visions about the strategic growth investment as a long-term commitment to support the growth of semiconductor manufacturing in the region. "The company’s Korea expansion offers the organization an opportunity to support the region’s continued growth of the semiconductor industry. The multi-million-dollar investment represents a significant increase in the company’s global manufacturing capacity while enabling supply chain resiliency, both of which are critical to support our customer’s continued growth,” shared Buterbaugh. Also in attendance for Greene Tweed were Carla Lopez-Hodoyan, VP Sales and Commercial, Fernando Torres, VP Operations, Sal Anello, Director, Facilities and Safety, Thyag Sadasiwan, Director, Chemraz, Kyung-Kap Kim, Regional Sales Manager and Jongtae Kim, Value Stream Manager.

Dignitaries from across the Republic of Korea praised the new facility and its significance to Korea’s semiconductor industry. Kim Young-hwan, Governor, Chungcheongbuk-do, LEE, Beom-Seog, Mayor, Cheongju City, and Kim Tae Hyung, Invest Korea (Kotra) and Kim Hyo-gon, Region Sales Manager, KICOX (Korea Industrial Complex Corporation) were prominent among those who attended.

Greene Tweed‘s investment in Korea will support the continued growth of the global semiconductor industry. The company plans to manufacture some of the most widely adopted and advanced elastomer seals at the new facility; products that are crucial to the demanding requirements of semiconductor manufacturing. The facility is expected to commence production in early 2024. The new manufacturing site will increase Greene Tweed’s global capacity, enhance its business continuity plans, and help improve lead times and responsiveness for the company’s regional and global customers.

The new facility will combine Greene Tweed’s proven and tested technologies with advances in automation to manufacture products at the highest standards. Initially, production will focus on Greene Tweed’s popular Chemraz® product line, a leading brand for sealing solutions to semiconductor, energy, and industrial markets and then will expand to include multiple product lines.

“Over the last few years, the instability in the global supply chain has been every customer’s top priority. Greene Tweed continues to prioritize our customers’ needs by investing in technology and operation efficiency that will support their continued growth. We are excited with this newest expansion to better support the unprecedented global demand for our products,” declares Thyag Sadasiwan, Business Unit Director - Chemraz®.

SPEA donates test equipment to university in Thailand
SONOTEC and S3 Alliance join at SEMICON Europa
Luminaries like high-NA EUV and curvilinear photomasks
SensiML and Silicon Technology join forces
TRI launches high-performance 3D AXI
SONOTEC and S3 Alliance join at SEMICON Europa
Marquee Semiconductor expands Indian presence
Micron begins Memory Manufacturing Fab
SiLC Technologies advances Machine Vision
Renesas partners with EdgeCortix
Gradiant acquires H+E Group
Webinar: Hydrogen Generation Industry Innovations to Meet Expanding North American Fab Hydrogen Requirements
EdgeCortix set to disrupt the edge market?
Evonetix places first DNA Synthesis Development Platform at Imperial College London
ASE launches Integrated Design Ecosystem
Cohu acquires Equiptest Engineering
Advantest wins 2022 Best Supplier Award from ASE Holdings
SEMI welcomes new board members
Advanced Energy breaks ground on flagship factory
GlobalFoundries opens new Malaysia office
TSMC reveals 'breakthrough' set to redefine the future of 3D IC
Delphon announce new VP, strategic marketing & business development
Particle Measuring Systems Announces Acquisition of EMS
Ireland begins high-volume production of Intel 4 Technology
Advantest to showcase latest test solutions
200 gigabits per second
KemLab Inc. applauds CHIPS Act's commitment
200mm fabs to reach record capacity by 2026
Governor DeSantis dedicates $50 million for workforce development
DOD names eight 'Microelectronics Commons' Hubs
TSMC accelerates renewable energy adoption
Mouser signs global agreement with MediaTek
Search the news archive

To close this popup you can press escape or click the close icon.
Register - Step 1

You may choose to subscribe to the Silicon Semiconductor Magazine, the Silicon Semiconductor Newsletter, or both. You may also request additional information if required, before submitting your application.

Please subscribe me to:


You chose the industry type of "Other"

Please enter the industry that you work in:
Please enter the industry that you work in: