Corporate Bulletin
:: Corporate Member News ::

:: Hermetic Solutions Group Announces Appointment of Keith Barclay as CEO (full story)

:: Technic Expands Semiconductor Product Manufacturing to Amiens, France (full story)

:: Mycronic launches a new mask writer for the semiconductor industry (full story)

:: Corporate Fast Links ::

Click below to learn more about this issue's featured corporate members.

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:: More Information ::

:: Only news about IMAPS Corporate Members will be published in this Corporate Bulletin. Please send your electronic press releases to Brianne Lamm,, at least 3 days before the first or fifteenth of every month to be considered for publishing in this bulletin. All corporate bulletin questions - news releases, advertising, logo inclusion, IMAPS membership, and more - should be addressed to Brianne.

:: Hermetic Solutions Group Announces Appointment of Keith Barclay as CEO

Hermetic Solutions Group, Inc. (“HSG” of the “Company”), a leading manufacturer of hermetic packaging, components and services, is pleased to announce the appointment of Keith Barclay to Chief Executive Officer, effective September 28, 2019.

Keith was promoted to President in March 2019 as part of a generational leadership transition at HSG, which also included the appointment of Mansoor Mosallaie to Chief Operating Officer. Bill Hubbard is retiring as CEO but will continue to serve as a member of the Company’s board of directors.

“As I step away from my day to day duties as CEO and turn the helm over to Keith,” said Bill Hubbard, “I leave the Company in very capable hands. I have worked closely with Keith for over 20 years and have watched him grow into the leader he is today. He has the vision and commitment to strengthen the foundation of Hermetic Solutions Group and further shape it for future growth.”

Rick Ferraid, Chairman of HSG, added that “Keith has been preparing for this role since he first joined this management team 20 years ago. He was instrumental in adding our packaging products to the rest of our hermetic offerings. He is the right person to take the Company and our customers to the next level in terms of Hermetic Solutions and interconnect products.”

Prior to being appointed President earlier this year, Keith served as EVP of Sales, Marketing and Business Development. He joined the Hi-Rel Group Division of HSG in 2013 as VP of Sales and Marketing, and previously was Divisional VP of Sales and Marketing at Ametek’s Engineered Materials, Interconnects and Packaging Group where he also held operational responsibility for its SCP division. Keith holds a dual major BA in Finance and Accounting from the University of Pittsburgh.

“I am very excited for the opportunity to lead Hermetic Solutions Group and our amazing team that consistently puts customers at the center of everything we do,” said Keith Barclay. “I am confident that as we execute on a strategy that deepens our technology offering and enhances our customer centric legacy, we will not only exceed customer expectations but also meet our growth objectives for the foreseeable future.”

“Keith brings an impressive mix of commercial and industry knowledge to the President and CEO role,” said Craig Majernik, Managing Director at Windjammer Capital Investors, which acquired HSG in February 2019. “He has also demonstrated the leadership abilities that will be critical to the successful execution of the Company’s strategic plan, centered on both organic and inorganic growth initiatives.”

“On behalf of the Board, I also want to thank Bill Hubbard for his many contributions over the years to the success of HSG and its predecessor companies,” said Majernik. “We welcome his continuing involvement as a director of the Company.” Chairman Ferraid commented “I have worked side by side with Bill since 1992, and he has contributed much to all of the companies we have owned and run. I am also thrilled that Bill will still be a contributor at the board level to continue to offer his expert operational vision and extensive experience. I wish Bill all the best with some much deserved free time.”

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:: Technic Expands Semiconductor Product Manufacturing to Amiens, France

Technic has announced the purchase of a new chemical production facility located in Amiens, France. The acquisition will enable Technic to expand production of its semiconductor products and better serve the growing customer base in Europe and globally.

Technic cited several essential reasons for choosing this facility and location for its expansion. First, the facility, formerly owned by a chemicals manufacturer, is one of six high-threshold SEVESO sites in Amiens, meeting one of Technic’s primary classification requirements. Second, the facility’s large size offers the unique opportunity to expand capacity in both low and high volume production. Geographically, the facility’s proximity to Saint-Denis, where Technic’s primary production facility, administrative offices, and R&D laboratories are located, will allow for more efficient use of company resources.

“The addition of the Amiens location comes at an ideal time for our ongoing business strategy as a global supplier of advanced semiconductor process chemistry. This expansion will further help in maintaining our high-quality standards and better serve our growing customer base.”

  • Philippe Vernin, President, Technic France

The Amiens facility represents Technic’s fourth location in France. Technic is planning significant upgrades to the facility in preparation for the production of its ultrapure strip, etch and clean process chemistry for semiconductor fabrication.

About Technic
Technic Inc. is a Rhode Island based corporation with over 950 employees worldwide. For 75 years, Technic has been a global supplier of specialty chemicals, custom finishing equipment, engineered powders, and analytical control systems to the semiconductor, electronic component, printed circuit board, industrial finishing, and decorative industries. Technic is also a major supplier of engineered metal powders to the solar industry.

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:: Mycronic launches a new mask writer for the semiconductor industry

Mycronic AB (publ) launches SLX, a new laser-based mask writer for the semiconductor industry. The introduction of the SLX also marks the company’s re-entry into this market, with the first shipment expected around year end 2020. The SLX is launched to meet a rising demand for low-end photomasks for the semiconductor industry driven by long term trends as well as to support an upcoming replacement and modernization cycle. Estimates indicate a total market need of 5-8 new writers per year in the coming years, with the market for laser-based mask writers estimated at USD 30-50 million. Despite existing competition in this segment, Mycronic’s long-term aim is to capture a majority of the upcoming opportunity.

Mycronic currently offers new mask writers for the manufacture of photomasks within different areas of application. These are display manufacturing (TV, smartphones and tablets) and applications within multi-purpose, a broad segment comprising many different application areas. Mycronic also services the existing installed base of the semiconductor mask writers Sigma and Omega.

Approximately 600,000 photomasks are produced yearly to support the semiconductor industry and 70-75% of the masks are low-end, written by laser-based mask writers. These mask writers thus remain very important in the production of semiconductors. Investments, however, have been focused on leading edge capability. In the last few years the market for laser-based mask writers has seen a positive development, driven by several long term trends. One is that mature design nodes experience new growth fueled by e.g. Internet of Things and automotive solutions, where reliability and cost are important. Another trend is the ongoing build-up of the semiconductor market in China, driving new demand for both leading edge and low-end equipment. In addition, there is an upcoming replacement cycle in the low-end mask writer segment. The installed base serving this market is typically 15-25 years old, difficult to maintain and faced with high running costs.

The SLX is based on the same technology as the display mask writers, which includes the recently launched Evo control platform. A technology platform shared between display and semiconductor mask writers leverages synergies within current and future technology development and utilization of the existing service organization.

“We have had a close interaction with leading players in the semiconductor industry and it is clear that we can offer customers a modern, attractive and cost-effective solution for the laser-based mask writer segment. By combining and leveraging the development for the display and semiconductor industry, Mycronic can assure long term partnerships with customers in both industry segments” says Charlott Samuelsson, Sr VP Pattern Generators.

For additional information, please contact:
Charlott Samuelsson
Sr VP Business Area Pattern Generators
Tel: +46 709 844 282

Sven Chetkovich
Acting Director IR & Corporate Communications
Tel: +46 70 558 39 19

About Mycronic
Mycronic AB is a Swedish high-tech company engaged in the development, manufacture and marketing of production equipment with high precision and flexibility requirements for the electronics industry. Mycronic headquarters are located in Täby, north of Stockholm and the Group has subsidiaries in China, France, Germany, Japan, Singapore, South Korea, the Netherlands, United Kingdom and the United States. Mycronic AB (publ) is listed on NASDAQ Stockholm.

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:: Issue 251 ::
November 1, 2019

Presidio Components

Gannon & Scott