• 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
    Purdue’s Xiulin Ruan Develops World’s Whitest and Coolest Paint

    Aerospace Coatings

    Biocides Directory

    Lab & Testing Equipment Directory

    Europe’s Top Paintmakers Pull Themselves Up Further
    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
    120 Years HOFFMANN MINERAL - Success Through Innovation and Responsibility

    New ‘Invisible’ Coating Against Bacteria

    Sherwin-Williams Launches Ultra-High-Solids Epoxy

    IMCD Strengthens North America Technical Capabilities with New Lab

    Sherwin-Williams Leads Global Paints Brands in Value: Brand Finance
    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

    Sherwin-Williams Launches Ultra-High-Solids Epoxy

    On The Road With Benjamin Moore in the UK

    Fischer Homes Selects PPG as Exclusive Paint Provider for New Home Builds

    Brightland Homes Selects PPG as Exclusive Paint Provider for New Home Builds

    PPG Selects Chestnut Brown as Stain Color of the Year for 2023
    Additives
    Binders
    Pigments
    Solvents

    120 Years HOFFMANN MINERAL - Success Through Innovation and Responsibility

    Active Minerals International Announces 2023 Price Increase

    LANXESS Doubles Capacity for High-Purity Benzyl Alcohol in North America

    Nouryon Signs First Power Purchase Agreement for Onsite Solar Project in U.S.

    Weak Economy Characterizes Difficult 1Q 2023 for Evonik
    Company Capabilities
    Buyers Guide
    Distributor Guide
    Add New Company
    International Buyers Guide Companies
    W. R. Grace & Co.

    Arkema

    Active Minerals

    Shepherd Color Company, The

    Siltech Corporation
    Industry Events
    Webinars
    Live From Show Event
    Top Events
    66th Annual Sink or Swim

    Middle East Coatings Show

    2023 CoatingsTech Conference

    Greenbuild International Conference + Expo

    The Gulf Coatings Show
    Companies
    White Papers/Tech Papers
    Product Spec Sheets
    Equipment
    Literature/Brochures
    Videos
    International Buyers Guide Companies
    W. R. Grace & Co.

    Arkema

    Active Minerals

    Shepherd Color Company, The

    Siltech Corporation
    • 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
    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
    • uv
    • china
    • curing
    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
    • PPG Invests $44 Million To Boost Global Powder Production
    • Sherwin-Williams Leads Global Paints Brands In Value: Brand Finance
    • AkzoNobel Launches Bisphenol-Free Internal Coating For Beverage Can Ends
    • Boeing Starts Construction On New St. Louis Facility
    • Active Minerals International Announces 2023 Price Increase
    Breaking News
    • 120 Years HOFFMANN MINERAL - Success Through Innovation and Responsibility
    • New ‘Invisible’ Coating Against Bacteria
    • Sherwin-Williams Launches Ultra-High-Solids Epoxy
    • IMCD Strengthens North America Technical Capabilities with New Lab
    • Sherwin-Williams Leads Global Paints Brands in Value: Brand Finance
    View Breaking News >
    CURRENT ISSUE

    May 2023

    • Purdue’s Xiulin Ruan Develops World’s Whitest and Coolest Paint
    • Aerospace Coatings
    • Biocides Directory
    • Lab & Testing Equipment Directory
    • Europe’s Top Paintmakers Pull Themselves Up Further
    • 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

    Stefan Pasiakos, PhD, Selected to Lead NIH Office of Dietary Supplements
    Verdure Sciences Receives Award for Sustainable, Ethical Turmeric Sourcing
    BGG Receives Patent for Saw Palmetto ID Method
    Coatings World

    Latest Breaking News From Coatings World

    120 Years HOFFMANN MINERAL - Success Through Innovation and Responsibility
    New ‘Invisible’ Coating Against Bacteria
    Sherwin-Williams Launches Ultra-High-Solids Epoxy
    Medical Product Outsourcing

    Latest Breaking News From Medical Product Outsourcing

    Siemens Healthineers and CommonSpirit Health Acquire Block Imaging
    Japanese Regulators Approve EDAP's ExactVu Micro-Ultrasound
    Celanese Forges Agreement With Glaukos for Sustained Release Glaucoma Treatment
    Contract Pharma

    Latest Breaking News From Contract Pharma

    Getinge Acquires High Purity New England
    3M Invests $146M in Biopharma Filtration Technology
    Impact Therapeutics, Eikon Partner to Develop PARP1 Selective Inhibitors
    Beauty Packaging

    Latest Breaking News From Beauty Packaging

    L’Oréal & UNESCO Announce 2023 Laureates of the For Women in Science International Awards
    Sky Organics Earns B Corp Certification
    Beauty Pie Taps Kevin Cornils as CEO
    Happi

    Latest Breaking News From Happi

    Debut Raises $34 Million in Series B Funding Led by L'Oréal To Create Next Generation of High-Performing Active Ingredients
    What You're Reading on Happi.com
    Bumble and Bumble Launches Seaweed Collection
    Ink World

    Latest Breaking News From Ink World

    Graphco and Printing & Finishing Solutions Participate at IPMA
    IMCD Strengthens North America Technical Capabilities
    Arkema Partners with Habitat for Humanity Philadelphia
    Label & Narrow Web

    Latest Breaking News From Label & Narrow Web

    ACTEGA teams with Makro Labelling to advance Signite technology
    Constantia Flexibles and SB Packagings commence joint venture
    Inland donates new VersaStudio printer to local high school
    Nonwovens Industry

    Latest Breaking News From Nonwovens Industry

    What You’re Reading on Nonwovens-Industry.com
    Biodiapers Signs Agreement with Sicam
    Sinaatec Uses Two A.Celli End-Of-Line Solutions
    Orthopedic Design & Technology

    Latest Breaking News From Orthopedic Design & Technology

    Artelon Closes $20M Series B Funding
    Orthofix Unveils Seven-Year Outcome Data for M6-C Artificial Cervical Disc
    Enrollment Completed in Anika Therapeutics' Hyalofast Study
    Printed Electronics Now

    Latest Breaking News From Printed Electronics Now

    Arkema Collaborates with Habitat for Humanity Philadelphia
    Vitesco Technologies, onsemi Sign SiC Long-Term Supply Agreement
    Ambiq Receives 2023 Bronze Stevie Award

    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