"We have developed significant business opportunities in Asia and our new facilities and capabilities here will deliver on these opportunities in a direct and efficient way," added ATMI's Vice President/General Manager for Asia, Cheoroo Won. "South Korea is a logical location for investing in building capacity, as the local technical expertise and infrastructure is very strong. In addition, it allows us to more closely collaborate with our customers locally, providing access to more services and improved response times."
The invitation-only groundbreaking event was attended by ATMI customers and employees, officials from the Gyeonggi province and Hwaseong city governments and ATMI executives. Won delivered the welcome speech, Neugold shared ATMI's approach to customer collaboration in the region and an official from the Gyeonggi government also addressed the attendees. After the talks, the leaders broke the ground with a shovel to signify the launch of the new construction project.
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Forward Looking Statements
Statements contained herein that relate to ATMI's future performance, including, without limitation, statements with respect to ATMI's anticipated results of operations or level of business for 2012 or any other future period, are forward-looking statements within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements are based on current expectations only and are subject to certain risks, uncertainties, and assumptions, including, but not limited to, changes in semiconductor and life sciences industry growth (including, without limitation, wafer starts) or ATMI's markets; competition, problems, or delays developing, commercializing, and delivering new products; customer-driven pricing pressure; potential loss of key customers; problems or delays in integrating acquired operations and businesses; uncertainty in the credit and financial markets; ability to protect ATMI's proprietary technology; and other factors described in ATMI's Form 10-K for the year ended December 31, 2011 and other subsequent filings with the Securities and Exchange Commission. Such risks and uncertainties may cause actual results to differ materially from those expressed in our forward-looking statements. ATMI undertakes no obligation to update any forward-looking statements.
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