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-0.00160256410256407 -0.00160256410256407 0.00801282051282048 0.0415064102564103 0.0416666666666666 0.0272435897435897 0.0272435897435897 0.0272435897435897
Stock impact report

ACM Research Announces Expansion of Manufacturing Facility

ACM Research, Inc. - Class A (ACMR) 
Last acm research, inc. - class a earnings: 3/18 04:10 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.acmrcsh.com
Company Research Source: GlobeNewswire
FREMONT, Calif., Feb. 15, 2018 (GLOBE NEWSWIRE) -- ACM Research, Inc. (“ACM Research” or the “Company”) (NASDAQ:ACMR), a provider of single-wafer wet cleaning equipment used by manufacturers of advanced semiconductors, announced today that it plans to expand its manufacturing facility in Shanghai, China to a total of 50,000 square feet, which will include 18,000 square feet of clean room space for product assembly and testing. The $1.5 million investment will create additional production capability that can support more than $250 million of revenue. The expansion is expected to be completed in the second quarter of 2018. The manufacturing facility in Shanghai currently has a total of 36,000 square feet, with 8,000 square feet of class 10,000 clean room space for product assembly and testing, plus 800 square feet of class 1 clean room space for product demonstration purposes. A “class” designation for a clean room denotes the number of particles of size 0.5mm or larger permitte Show less Read more
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