Ichor Systems, which is owned by Francisco Partners, has acquired Ajax Custom Manufacturing. Financial terms weren’t announced. Union City, California-based Ajax is a plastic component supplier to customers in the semiconductor capital equipment market.
FREMONT, CA (PRWEB) MAY 19, 2016
Ichor Systems, a global leader in the manufacturing of gas and chemical delivery systems, acquired Ajax Custom Manufacturing of Union City, CA, on April 11th, 2016.
Ajax is a 50+ year old family owned business that has historically been a plastic component supplier to major customers in the semiconductor capital equipment market. It is recognized as one of the key vendors that can deliver precision machined parts as well as assemblies and modules to this market. The combination of Ajax’s capabilities for producing machined plastic parts, thermoforming and welding, meshed with Ichor’s manufacturing and assembly capabilities, will make Ichor the premier supplier in the market.
“This acquisition solidifies our position as one of the largest suppliers of plastic systems in the Semiconductor Chemical Delivery Market,” said Tom Rohrs, CEO of Ichor Systems.
The deal with Ajax expands Ichor’s semiconductor capabilities and provides new opportunities to expand its industry leadership. The acquisition fits with the company’s value proposition of improving time to market for its customers.
With the acquisition, Ichor will increase its global manufacturing footprint including a Class 10K clean room to its existing facilities.
“It places Ichor in the forefront of the fluid mechanics business,” said Rohrs. “It gives us a great foundation for continued growth in semiconductor plastics and it opens up the opportunity for pursuing additional opportunities in liquid delivery processes.”
About Ichor Systems
Ichor Systems was founded in 1999 and is a global leader in the marketplace for critical subsystems and process equipment. Every major Semiconductor Capital Equipment manufacturer uses Ichor’s gas or liquid delivery systems to help their customers achieve a better time-to-market for their products.
Manufacturing locations in California, Oregon, Texas, Singapore, Malaysia and the UK are strategically located to support customers with solutions ranging from product concept to turnkey manufacturing and legacy service.
Ichor’s solutions and services are used in the semiconductor, LED, flat-panel display, data storage, and alternative energy industries and help regulate the distribution of gases and chemicals used in production processes. The acquisition has opened up new opportunities to serve the needs of these industries. Ichor Systems is owned by Francisco Partners, a San Francisco-based private equity firm. Visithttp://www.ichorsystems.com for more information.
About Ajax Custom Manufacturing
Founded in 1945, Ajax specializes in technical design for complex manufacturing problems, and the company is highly skilled working with state-of-the-art plastics, metals, and other materials. Ajax’s Union City location is one of the largest facilities purely dedicated to the manufacturing of plastics.
Ajax solutions primarily target the semiconductor and medical industries with applications that can serve other related fields. The company’s high quality plastic components are not affected by harsh chemicals, high temperatures, or contamination, which makes them ideal for semiconductor clean room activities.