CoorsTek has announced plans to invest $120 million in a center for advanced materials in Golden.
The investment is expected to promote the rapid development of new materials, including the high-performance ceramics and other materials CoorsTek uses in manufacturing a range of products.
The CoorsTek Center for Advanced Materials is expected to include:
- A research and development hub outfitted with leading-edge equipment to develop innovative ceramic materials and processes.
- A sophisticated analytical laboratory to provide comprehensive ceramic analyses.
- A materials manufacturing facility allowing for volume production and swift commercialization.
“Colocating the materials processing facility together with research, development and analytical teams allows close collaboration between CoorsTek experts and our customers’ experts — ensuring we provide maximum value from idea through delivery,” said Randel Mercer, executive vice president of global technology and market development for CoorsTek.
Founded in Golden in 1910, CoorsTek now serves a total of more than 10,000 customers in 70 countries with engineered ceramic products used in the defense, energy, information technology, health care and transportation industries. The company operates a total of 10 facilities in Golden and Grand Junction.