- 3 - product manufactured and sold by ADCS was tetraethylorthosilicate (TEOS), which is used as an insulating and conducting material on semiconductor computer chip wafers. In 1988, Siegele started up ADCS with an initial capitalization of $150,000. Initially, ADCS maintained its small laboratory and manufacturing plant in Amherst, Wisconsin, and its sales office in Siegele’s apartment in San Jose, California. Beginning with its first year of operation, ADCS was successful and profitable. In 1990, with a $72,000 10-year commercial bank loan which it had obtained, ADCS purchased approximately 1.8 acres of land in Burnet, Texas, on which ADCS constructed a new 3,000- to 4,000-square-foot manufacturing plant into which ADCS relocated its laboratory and manufacturing plant that had been located in Amherst, Wisconsin. The $72,000 bank loan was paid off in 1993. In the early 1990s, ADCS developed and began manufacturing stainless steel canisters that allowed for safe handling and processing of TEOS and of other chemicals used in the computer industry. In the mid-1990s, ADCS developed and patented, and then began manufacturing and selling, a dual canister chemical refilling system that allowed TEOS and other chemicals to be continuously applied to computer chip wafers through a processing tool without interrupting the chip manufacturing process whilePage: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
Last modified: May 25, 2011