Axcelis Technologies Plans $35 Million Manufacturing Facility in Korea

10:39 AM EDT, 09/08/2026 (MT Newswires) -- Axcelis Technologies (ACLS) plans to invest $35 million to build a new ion implantation equipment manufacturing facility in Pyeongtaek, Gyeonggi Province, in Korea, the company said Tuesday. The planned 200,000-square-foot facility will feature warehousing, class 1,000 and class 10,000 cleanrooms, and a training center, the company said. The company plans to break ground on Oct. 20, with production expected to begin in H2 2028, it added. Axcelis Technologies shares were up nearly 3% in Tuesday trading. Price: 118.44, Change: +3.36, Percent Change: +2.92