Minnesota Governor Tim Pawlenty Visits Veeco St. Paul Facility
May 12, 2009
Who: Tim Pawlenty, Governor of Minnesota, visited Veeco St. Paul on Friday, May 8 from 3:15-4 p.m.
Where: Veeco, 4900 Constellation Drive, St. Paul, Minnesota.
Why: Veeco is a reliable, market leading manufacturer of equipment for solar and other high-tech industries. The Governor was interested in learning about Veeco’s recent business growth as a key Minnesota employer focused on green energy technology. Veeco’s St. Paul workforce grew by 22% to 85 last year along with a 40% growth in the business’ revenues. The growth is expected to continue as renewable energy technologies take hold.
What: Governor Pawlenty toured Veeco’s 115,000 square foot facility, learning about Veeco’s technology and equipment that enable manufacture of thin film solar cells. Pawlenty met with Company management and employees to discuss the benefits of Veeco’s equipment and the products that are made by Veeco’s customers. Veeco’s products are critical “building blocks” used to the manufacture CIGS (copper, indium, gallium, selenium) based solar cells in mass production, producing low cost, high efficiency solar panels. Veeco sells its equipment to many of the world’s leading manufacturers of CIGS solar cells.
Governor Pawlenty applauds Veeco as a growing Minnesota employer focused on green energy technology.
Veeco Instruments Inc. designs, manufactures, markets and services enabling solutions for customers in the HB-LED, solar, data storage, semiconductor, scientific research and industrial markets. We have leading technology positions in our three businesses: LED & Solar Process Equipment, Data Storage Process Equipment, and Metrology Instruments. Veeco's product development, marketing, engineering and manufacturing facilities are located in New York, New Jersey, California, Colorado, Arizona, Massachusetts and Minnesota. Global sales and service offices are located throughout the U.S., Europe, Japan and Asia Pacific. http://www.veeco.com/
To the extent that this news release discusses expectations or otherwise makes statements about the future, such statements are forward-looking and are subject to a number of risks and uncertainties that could cause actual results to differ materially from the statements made. These factors include the risks discussed in the Business Description and Management's Discussion and Analysis sections of Veeco's Annual Report on Form 10-K for the year ended December 31, 2009 and in our subsequent quarterly reports on Form 10-Q, current reports on Form 8-K and press releases.Veeco does not undertake any obligation to update any forward-looking statements to reflect future events or circumstances after the date of such statements.