Coherent Plans to Sell Facility in Champaign, Illinois

Dow Jones

2025/03/27

By Stephen Nakrosis

Coherent said it plans to sell its epitaxial fabrication facility in Champaign, Illinois, as part of an ongoing plan to optimize its manufacturing footprint.

The facility previously produced 2-inch to 6-inch indium phosphide and gallium arsenide wafers, Coherent said. The site contains four buildings and a variety of fabrication and characterization equipment, and is located about six miles from the University of Illinois at Urbana-Champaign.

In September, the company sold a U.K. manufacturing facility following a strategic review.

Coherent has facilities in the U.S., Canada, Brazil, and other countries.

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

(END) Dow Jones Newswires

March 26, 2025 16:55 ET (20:55 GMT)

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The site contains four buildings and a variety of fabrication and characterization equipment, and is located about six miles from the University of Illinois at Urbana-Champaign. \n</p>\n<p>\n  In September, the company sold a U.K. manufacturing facility following a strategic review. \n</p>\n<p>\n  Coherent has facilities in the U.S., Canada, Brazil, and other countries. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Stephen Nakrosis at stephen.nakrosis@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 26, 2025 16:55 ET (20:55 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2290526834.HKD","symbol_name":"BGF NEXT GENERATION TECHNOLOGY \"A2\" (HKDHDG) ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2522355415","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2522355415","pubTimestamp":1743022500,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Coherent said it plans to sell its epitaxial fabrication facility in Champaign, Illinois, as part of an ongoing plan to optimize its manufacturing footprint.The facility previously produced 2-inch to 6-inch indium phosphide and gallium arsenide wafers, Coherent said. 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