Applied Energy Systems Incorporated has announced it is ready to break ground on its new 16,000 square-foot facility in Malvern, Pennsylvania.
Steve Buerkel, Allied Energy president, said the new $2.5 million Semiconductor Equipment Manufacturing and Technology (SEMAT) Center will help generate hundreds of new direct and indirect jobs in the greater Philadelphia area.
"This new building will usher in a new chapter in the company's life by providing the extra space we need to develop better products and more jobs in the community," Buerkel added. "The construction of the new facility will also help generate jobs in the area during this downturned economy."
Allied manufactures ultra-high purity gas source and distributions systems.
Meanwhile, the California-based Acacia Research Corporation maker has announced continued growth with the acquisition of more than 50 patents for its semiconductor manufacturing process technology.
Acacia said the patents will allow the company to expand its base revenue growth and attract new partners. The company's subsidiaries currently control more than 180 patents in their portfolios that are used in technology, as well as a variety of other industries.