• Login
    • Join
  • FOLLOW:
  • Subscribe Free
    • Magazine
    • eNewsletter
    Checkout
    • Magazine
    • News
    • Research
    • Markets & Technologies
    • Raw Materials
    • Top Companies
    • Directories
    • Jobs
    • Events
    • Microsites
    • More
  • Magazine
  • News
  • Research
  • Markets & Technologies
  • Raw Materials
  • Top Companies
  • Directories
  • Jobs
  • Events
  • Microsites
  • Current / Back Issues
    Features
    Business Corner
    Editorial
    Digital Edition
    eNewsletter Archive
    Our Team
    Editorial Guidelines
    Subscribe Now
    Advertise Now
    World Reports
    eBook
    Top Features
    Pigments Market

    The Architectural Paint Market Enjoys a Strong 2022

    The Buyers’ Guide

    Auto Refinish Market

    The 2022 Protective Additives Directory
    Breaking News
    Online Exclusives
    Distributor News
    Financial News
    Paint & Coatings Manufacturer News
    People In the News
    Price Increases
    Product News
    Raw Materials & Equipment
    Video Bites
    Suppliers News
    Live From Shows
    Top News
    Personnel Changes at BASF

    Dr. Kurt Wood to Deliver Mattiello Memorial Lecture at ACA’s 2023 CoatingsTech Conference

    hubergroup Chemicals to Debut at the European Coatings Show

    Brilliant Group and Terra Firm Launch Partnership to Expand Market Support

    PPG Supports Finnish Science Centre Heureka and ‘Power of Play’ Exhibition
    Top Companies report
    Market Research
    White Papers / Tech Papers
    Technical Papers
    Product Spec Sheets
    World Reports
    Adhesives and Sealants
    Aerospace Coatings
    Architectural Coatings
    Automotive Coatings
    Automotive Refinish
    Business Operation
    Color Trends & Forecast
    Construction Chemicals
    Corrosion Control
    Industrial Coatings
    Laboratory Equipment
    Marine Coatings
    Market Trends & Forecast
    Powder Coatings
    Production Equipment
    Radcure Coatings
    Special Purpose Coatings
    Wood Coatings
    "Green" Coatings

    PPG Completes COLORFUL COMMUNITIES Project in Denmark

    PPG’s SEM Products Business Launches VCS Hybrid Cup System for the Refinish Market

    Mankiewicz Selects ‘Feel Good’ Hues for 2023 Colors of the Year

    ROSS Offers Heavy-Duty Three Roll Mills for High Viscosity Dispersions

    PPG Achieves ISO 14001 Certification of Environmental Management System
    Additives
    Binders
    Pigments
    Solvents

    Brilliant Group and Terra Firm Launch Partnership to Expand Market Support

    SAFIC-ALCAN to Distribute Scott Bader Acrylics & Rheology Modifiers in France

    EPS Launches New Acrylic DIrect-to-Metal Polymer

    Evonik, Partners Launch PlasCO₂ Project for C4 Chemicals Production

    Dr. Ranjini Murthy to Join Azelis Americas as SVP of Commercial and Digital Excellence
    Company Capabilities
    Buyers Guide
    Distributor Guide
    Add New Company
    International Buyers Guide Companies
    Shepherd Color Company, The

    Arkema

    Siltech Corporation

    Active Minerals

    Pilot Chemical Company
    Industry Events
    Webinars
    Live From Show Event
    Top Events
    Saudi Arabia Coatings Show

    Southern Society for Coatings Technology Annual Meeting and Technology Conference

    Eastern Coatings Show

    CPCA Annual Conference

    66th Annual Sink or Swim
    Companies
    White Papers/Tech Papers
    Product Spec Sheets
    Equipment
    Literature/Brochures
    Videos
    International Buyers Guide Companies
    Shepherd Color Company, The

    Arkema

    Siltech Corporation

    Active Minerals

    Pilot Chemical Company
    • Magazine
      • Current / Back Issues
      • Features
      • Editorial
      • Business Corner
      • Digital Edition
      • eNewsletter Archive
      • Editorial Guidelines
      • Subscribe Now
      • Advertise Now
    • Breaking News
    • Directories
      • Buyers Guide
      • Distributor Guide
      • Corporate Capabilities
      • Trade Associations
      • Add Your Company
    • Markets & Technologies
      • Adhesives and Sealants
      • Aerospace Coatings
      • Architectural Coatings
      • Automotive Coatings
      • Automotive Refinish
      • Business Operation
      • Color Trends & Forecast
      • Construction Chemicals
      • Corrosion Control
      • Industrial Coatings
      • Laboratory Equipment
      • Marine Coatings
      • Market Trends & Forecast
      • Powder Coatings
      • Production Equipment
      • Radcure Coatings
      • Special Purpose Coatings
      • Wood Coatings
      • "Green" Coatings
    • Raw Materials
      • Additives
      • Binders
      • Pigments
      • Solvents
    • World Reports
      • Africa Report
      • China Report
      • India/Asia Pacific Report
      • Europe Report
      • Latin America Report
      • Market Research
      • Russian Report
    • Top Companies
    • Online Exclusives
    • Glossary
    • Slideshows
    • Experts Opinions
    • Blog
    • eBook
    • Infographics
    • Videos
    • Podcasts
    • Whitepapers
    • Jobs
    • Microsites
      • Companies
      • White Papers/Tech Papers
      • Product Spec Sheets
      • Equipment
      • Literature/Brochures
      • Videos
    • Events
      • Industry Events
      • Live From Show Event
      • Webinars
    • About Us
      • About Us
      • Contact Us
      • Advertise With Us
      • Privacy Policy
      • Terms of Use
    Breaking News

    Phoseon Technology Announces Investment in Factory, Global Business Expansion

    The company is increasing its headquarters by more than 50 percent.

    Phoseon Technology Announces Investment in Factory, Global Business Expansion
    Related Content
    • Phoseon to Showcase LED Curing Technology at FTA Fall Conference
    • Phoseon Technology Signs American Ultraviolet as Strategic Partner
    • Phoseon Technology Introduces Near-Infrared LED Lamps
    • RadTech Exhibitor Showcase
    • Phoseon Discusses UV LED Curing at RadTech UV+EB Technology Expo and Conference 2018
    04.10.18
    Phoseon Technology announced its continued business expansion and growth plan. 
     
    “The positive investment atmosphere for corporations in the U.S. and the continuing need for innovative LED solutions demanded by the markets we serve, have created the need for further expansion of our Hillsboro, Ore., facility,” said Bill Cortelyou, president and CEO of Phoseon. “Operating as a global supplier to the industry, the latest move by the U.S. government to support a competitive corporate tax structure will make us even more competitive.”
     
    Phoseon’s latest expansion includes increasing its headquarters by more than 50 percent with added space for manufacturing, design and new Life Sciences division. Phoseon has exceeded 25 percent annual growth for the past five years and this expansion will allow Phoseon, with 175 employees, to continue its growth trajectory at an even greater pace. In addition to this U.S. expansion, Phoseon recently established a wholly owned entity in Shanghai, China.
     
    “The UV LED market is still in its infancy,” said Avinash Matani, research analyst from The Insight Partners. “As the technology grows and matures, and market leaders like Phoseon Technology amplify its capabilities, we expect this market to continue to grow at greater than 25 percent annually.”
     
    Furthermore, the global UV LED market is anticipated to exceed $1.3 billion by 2025. An increase in the number of companies offering UV LED packages, and expansion of UV technology in various applications, including curing, purification, analytical instruments and medical phototherapy, will have the biggest impact on the adoption of UV LED technology over the forecast period.
     
    “Phoseon is encouraged by the progress and market presence we’ve attained over the past 16 years moving us forward while strengthening our leadership position,” said Chris O’Leary, Phoseon CFO. “With a strong balance sheet, we will continue to invest heavily in research and development to enable high-value solutions to lead this market transition. Phoseon currently offers the broadest portfolio of innovative LED solutions across the industrial curing and life sciences market.”
     
    Phoseon has shipped more than 100,000 lamps used for applications ranging from packaging solutions for consumer goods to disinfection of laboratory samples. Its platform of LED solutions is found around the world, and it continues to be the performance leader due to Phoseon’s capability of getting more energy and focused output from UV LEDs than any global competitor. 
     
    Related Searches
    • industrial
    • china
    • curing
    • uv
    Suggested For You
    Phoseon to Showcase LED Curing Technology at FTA Fall Conference Phoseon to Showcase LED Curing Technology at FTA Fall Conference
    Phoseon Technology Signs American Ultraviolet as Strategic Partner Phoseon Technology Signs American Ultraviolet as Strategic Partner
    Phoseon Technology Introduces Near-Infrared LED Lamps Phoseon Technology Introduces Near-Infrared LED Lamps
    RadTech Exhibitor Showcase RadTech Exhibitor Showcase
    Phoseon Discusses UV LED Curing at RadTech UV+EB Technology Expo and Conference 2018 Phoseon Discusses UV LED Curing at RadTech UV+EB Technology Expo and Conference 2018
    Phoseon Technology Exhibits LED Curing Solutions at OPTICS & PHOTONICS International Exhibition 2018 Phoseon Technology Exhibits LED Curing Solutions at OPTICS & PHOTONICS International Exhibition 2018
    RadTech Announces 2018 Candidates for RadLaunch, UV+EB Technology Accelerator RadTech Announces 2018 Candidates for RadLaunch, UV+EB Technology Accelerator
    UV+EB for Food Safety Session Announced at RadTech 2018 UV+EB for Food Safety Session Announced at RadTech 2018
    SYRC Displays Phoseon Technology UV LED Curing Solutions at the Coating Show 2018 SYRC Displays Phoseon Technology UV LED Curing Solutions at the Coating Show 2018
    Phoseon Technology Exhibits LED Curing Solutions at FPD China 2018 Phoseon Technology Exhibits LED Curing Solutions at FPD China 2018
    Phoseon Technology Brings UV LED Curing Solutions to LOPEC 2018 Phoseon Technology Brings UV LED Curing Solutions to LOPEC 2018
    Phoseon Technology Exhibits LED Curing Solutions at Harper Roadshow—Anaheim Phoseon Technology Exhibits LED Curing Solutions at Harper Roadshow—Anaheim
    Pertinax Pharma Appoints Nigel Brooksby as Chairman Pertinax Pharma Appoints Nigel Brooksby as Chairman
    SIKA Opens Second Production Facility in Angola SIKA Opens Second Production Facility in Angola

    Related Breaking News

    • Breaking News | Suppliers Corner
      Phoseon to Showcase LED Curing Technology at FTA Fall Conference

      Phoseon to Showcase LED Curing Technology at FTA Fall Conference

      Among the products on display will be the Nexus ONE, a self-contained air-cooled UV LED curing light source for flexographic applications.
      09.21.21

    • Breaking News
      Phoseon Technology Signs American Ultraviolet as Strategic Partner

      Phoseon Technology Signs American Ultraviolet as Strategic Partner

      American Ultraviolet now offers Phoseon as its exclusive LED curing lamp provider.
      08.16.21

    • Breaking News | Suppliers Corner
      Phoseon Technology Introduces Near-Infrared LED Lamps

      Phoseon Technology Introduces Near-Infrared LED Lamps

      Ideal for novel NIR curable adhesives and R&D on such applications, said Simon Reissmann, Technical Marketing engineer for Phoseon Technology.
      02.22.21


    • RadTech Exhibitor Showcase

      RadTech Exhibitor Showcase

      RadTech 2018: UV+EB Technology and Expo will be held in Rosemont, Illinois May 7-9.
      04.09.18

    • Breaking News
      Phoseon Discusses UV LED Curing at RadTech UV+EB Technology Expo and Conference 2018

      Phoseon Discusses UV LED Curing at RadTech UV+EB Technology Expo and Conference 2018

      ...
      04.09.18

    Loading, Please Wait..
    Trending
    • Palmer Holland, Inc. Names Vincent Misiti As New CEO
    • Minwax Brand Announces Gentle Olive As Its 2022 Color Of The Year
    • PPG Reports Fourth Quarter, Full-Year 2022 Financial Results
    • 10 Partners Of The Automotive Industry Form JV, Cofinity-X
    • BASF Recognized As Top Company For Supplier Diversity
    Breaking News
    • Personnel Changes at BASF
    • Dr. Kurt Wood to Deliver Mattiello Memorial Lecture at ACA’s 2023 CoatingsTech Conference
    • hubergroup Chemicals to Debut at the European Coatings Show
    • Brilliant Group and Terra Firm Launch Partnership to Expand Market Support
    • PPG Supports Finnish Science Centre Heureka and ‘Power of Play’ Exhibition
    View Breaking News >
    CURRENT ISSUE

    January 2023

    • Pigments Market
    • The Architectural Paint Market Enjoys a Strong 2022
    • View More >

    Cookies help us to provide you with an excellent service. By using our website, you declare yourself in agreement with our use of cookies.
    You can obtain detailed information about the use of cookies on our website by clicking on "More information”.

    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us

    follow us

    Subscribe
    Nutraceuticals World

    Latest Breaking News From Nutraceuticals World

    ADM Expands Production to Meet Demand for Probiotics
    Wiley’s Finest Debuts Peak DHA Featuring 600 mg of DHA and 300 mg of EPA
    FDA to Allow Qualified CVD Risk Reduction Claim for Cocoa Flavanols in High Flavanol Cocoa Powder
    Coatings World

    Latest Breaking News From Coatings World

    Personnel Changes at BASF
    Dr. Kurt Wood to Deliver Mattiello Memorial Lecture at ACA’s 2023 CoatingsTech Conference
    hubergroup Chemicals to Debut at the European Coatings Show
    Medical Product Outsourcing

    Latest Breaking News From Medical Product Outsourcing

    Konica Minolta Introduces Mobile X-Ray Systems to Latin America
    NIH MedTech Program Aims to Develop Neurological Treatment Tech
    Formula Plastics Appoints Bill Gerard as President
    Contract Pharma

    Latest Breaking News From Contract Pharma

    Upsher-Smith Opens State-of-the-Art Manufacturing Facility
    Elektrofi, Thermo Fisher Enter Strategic Contract Manufacturing Pact
    Societal CDMO Signs More Than $6M in Work Orders During 4Q22
    Beauty Packaging

    Latest Breaking News From Beauty Packaging

    Tree Hut Introduces Body Wash Line
    Zara Introduces Mini Artists—Beauty Products for Kids
    L’Oréal USA Taps Stephanie Kramer as Chief Human Resources Officer
    Happi

    Latest Breaking News From Happi

    FTC Extends Public Comment Period on Potential Updates to Green Guides
    Arm & Hammer Taps Dave & Jenny Marrs, TikTokers for Budget-Centered 'Give It The Hammer' Campaign
    Meaningful Beauty Age-Proof Hair Care System Now Available on Amazon
    Ink World

    Latest Breaking News From Ink World

    Siegwerk, Wildplastic, TU-Hamburg Partner on Deinking
    Brilliant Group and Terra Firm Launch Partnership
    hubergroup Chemicals Debuts at the European Coatings Show
    Label & Narrow Web

    Latest Breaking News From Label & Narrow Web

    Siegwerk partnership aims to improve plastic waste recyclability
    CELAB-Europe launches new web hub for liner recyclers
    Fujifilm expands RxD inkjet pigment dispersions color range
    Nonwovens Industry

    Latest Breaking News From Nonwovens Industry

    Hospeco Offers TaskBrand Prep-Paint-Finish Wiping System
    Toray to Expand PPS Production in Korea
    Masque Bar Launches Compostable Sheet Masks
    Orthopedic Design & Technology

    Latest Breaking News From Orthopedic Design & Technology

    Jury Convicts Chiropractor, Orthopedic Surgeon in $31M Fraud Scheme
    Steady Growth Forecast for Global Orthobiologics Market
    ODT's Most-Read Stories This Week—Feb. 4
    Printed Electronics Now

    Latest Breaking News From Printed Electronics Now

    OE-A at LOPEC – Printed Electronics Up Close
    Monthly Recap: LG OLED, Avery Dennison and JOLED Top This Month’s Stories
    ASSA ABLOY Reports Q4 2022 Results

    Copyright © 2023 Rodman Media. All rights reserved. Use of this constitutes acceptance of our privacy policy The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Rodman Media.

    AD BLOCKER DETECTED

    Our website is made possible by displaying online advertisements to our visitors.
    Please consider supporting us by disabling your ad blocker.


    FREE SUBSCRIPTION Already a subscriber? Login