{"id":6768,"date":"2023-06-10T13:22:47","date_gmt":"2023-06-10T20:22:47","guid":{"rendered":"https:\/\/southernoregonbusiness.com\/?p=6768"},"modified":"2023-06-10T14:50:03","modified_gmt":"2023-06-10T21:50:03","slug":"business-oregon-awards-1-2-million-to-applied-physics-technologies-to-support-oregon-innovation-and-the-semiconductor-industry","status":"publish","type":"post","link":"https:\/\/southernoregonbusiness.com\/business-oregon-awards-1-2-million-to-applied-physics-technologies-to-support-oregon-innovation-and-the-semiconductor-industry\/","title":{"rendered":"Business Oregon Awards $1.2 Million to Applied Physics Technologies to Support Oregon Innovation and the Semiconductor Industry\u00a0"},"content":{"rendered":"<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"750\" height=\"434\" data-src=\"https:\/\/southernoregonbusiness.com\/wp-content\/uploads\/2023\/06\/apt.jpg\" alt=\"\" class=\"wp-image-6837 lazyload\" data-srcset=\"https:\/\/southernoregonbusiness.com\/wp-content\/uploads\/2023\/06\/apt.jpg 750w, https:\/\/southernoregonbusiness.com\/wp-content\/uploads\/2023\/06\/apt-300x174.jpg 300w\" data-sizes=\"(max-width: 750px) 100vw, 750px\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 750px; --smush-placeholder-aspect-ratio: 750\/434;\" \/><noscript><img loading=\"lazy\" decoding=\"async\" width=\"750\" height=\"434\" src=\"https:\/\/southernoregonbusiness.com\/wp-content\/uploads\/2023\/06\/apt.jpg\" alt=\"\" class=\"wp-image-6837\" srcset=\"https:\/\/southernoregonbusiness.com\/wp-content\/uploads\/2023\/06\/apt.jpg 750w, https:\/\/southernoregonbusiness.com\/wp-content\/uploads\/2023\/06\/apt-300x174.jpg 300w\" sizes=\"(max-width: 750px) 100vw, 750px\" \/><\/noscript><\/figure><\/div>\n\n\n<p>Business Oregon is thrilled to award Applied Physics Technologies (APT) with a grant of $1,200,000 from the Emerging Opportunity Fund. This award will assist the company with the construction of a new clean room and improvements to the company\u2019s headquarters facility in McMinnville, Oregon. This award was made possible through the support of the McMinnville Economic Development Partnership (MEDP) and Oregon Manufacturing Extension Partnership.<\/p>\n\n\n\n<p>APT is a small, Oregon-grown, high-tech manufacturer that produces critical components for sophisticated capital equipment used in the semiconductor and life science industries. They specialize in the design and manufacture of thermionic, field emission, and thermal field emission electron sources made from single crystal materials refined in-house.<\/p>\n\n\n\n<p>\u201cBusiness Oregon is pleased to support a highly innovative, Oregon-based company that provides immense value to its local and regional communities,\u201d said Sophorn Cheang, Director of Business Oregon. \u201cWe are committed to supporting Oregon\u2019s semiconductor industry and this investment will help our state gain a competitive edge as a global leader in semiconductor production and advanced manufacturing. Business Oregon will continue to support innovators like APT who provide Oregonians with new, high-paying job opportunities that will last for generations.\u201d<\/p>\n\n\n\n<p>\u201cApplied Physics Technologies is a leader of innovative product development and MEDP is encouraged by the significant investment of APT and Business Oregon,\u201d said Patty Herzog, MEDP Executive Director. \u201cThis award demonstrates the state\u2019s unwavering commitment to investing in companies like APT that are leading an innovation-based economy in McMinnville. This grant is the result of a dedicated partnership between Business Oregon, SEDCOR, and MEDP that provides regional benefit and retains high-wage jobs.\u201d&nbsp;<\/p>\n\n\n\n<p>APT has designed and patented products on the cutting edge of electron emission and must continue to innovate and improve its processes to retain and grow market share. Customers are demanding ever-higher product quality and ever-lower failure rates. APT sees opportunities to develop new product lines that cannot be made in the company\u2019s current facility. &nbsp;<\/p>\n\n\n\n<p>\u201cThere is a limit to the volume of product we can manufacture in our current structure,\u201d said APT President and CEO Marcus Straw. \u201cFurthermore, the quality our customers are increasingly demanding will be unattainable without a major facility upgrade, effectively making our most demanding markets unserviceable. APT\u2019s future depends upon this project.\u201d&nbsp;&nbsp;<\/p>\n\n\n\n<p>APT\u2019s products operate in an ultrahigh vacuum with high applied electric fields. So, particle contamination is the main mode of product failure during operation. The company currently has a 975 sq ft \u201cclean area\u201d where the most sensitive manufacturing takes place. This \u201cclean area\u201d is largely uncontrolled, has no ISO rating, and is too small. With this grant, APT will construct a new, ISO 7-rated, 2,670 sq ft clean room. The company will also update the company\u2019s server room, renovate their office space, and conduct improvements outside of the new clean room that will improve workflow.<\/p>\n\n\n\n<p>\u201cOur new cleanroom will enable us to both increase our capacity and improve our quality, nearly doubling our revenue by 2027, adding an estimated $8.8 million in wages, benefits, and payroll taxes into Oregon\u2019s economy,\u201d said APT\u2019s President and CEO Marcus Straw.<\/p>\n\n\n\n<p>APT supports Oregonians by adding approximately 30 new high-wage jobs, paid on-the-job training, and welcoming student interns from Oregon\u2019s higher education institutions. APT is also committed to environmental sustainability in their business practices. Learn more about APT at&nbsp;<a href=\"https:\/\/biznews.oregon.gov\/acton\/ct\/14786\/s-067f-2306\/Bct\/q-000c\/l-0007:4d5c\/ct2_0\/1\/lu?sid=TV2%3AiOKkb2Rpk\">A-P-Tech.com<\/a>.<\/p>\n\n\n\n<p>Learn more about Business Oregon\u2019s programs at&nbsp;<a href=\"https:\/\/biznews.oregon.gov\/acton\/ct\/14786\/s-067f-2306\/Bct\/q-000c\/l-0007:4d5c\/ct3_0\/1\/lu?sid=TV2%3AiOKkb2Rpk\">Oregon.gov\/biz<\/a>.&nbsp;<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p>JUNE 1, 2023 By Business Oregon Press Release https:\/\/development.oregon4biz.com\/acton\/rif\/14786\/s-067f-2306\/-\/l-0007:4d5c\/q-000c\/showPreparedMessage?sid=TV2:iOKkb2Rpk<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Business Oregon is thrilled to award Applied Physics Technologies (APT) with a grant of $1,200,000 from the Emerging Opportunity Fund. This award will assist the company with the construction of a new clean room and improvements to the company\u2019s headquarters facility in McMinnville, Oregon. This award was made possible through the support of the McMinnville&hellip;<\/p>\n","protected":false},"author":26,"featured_media":6837,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":"","_wp_rev_ctl_limit":""},"categories":[18],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Business Oregon Awards $1.2 Million to Applied Physics Technologies to Support Oregon Innovation and the Semiconductor Industry\u00a0 - Southern Oregon Business Journal<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/southernoregonbusiness.com\/business-oregon-awards-1-2-million-to-applied-physics-technologies-to-support-oregon-innovation-and-the-semiconductor-industry\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Business Oregon Awards $1.2 Million to Applied Physics Technologies to Support Oregon Innovation and the Semiconductor Industry\u00a0 - Southern Oregon Business Journal\" \/>\n<meta property=\"og:description\" content=\"Business Oregon is thrilled to award Applied Physics Technologies (APT) with a grant of $1,200,000 from the Emerging Opportunity Fund. 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This award was made possible through the support of the McMinnville&hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/southernoregonbusiness.com\/business-oregon-awards-1-2-million-to-applied-physics-technologies-to-support-oregon-innovation-and-the-semiconductor-industry\/\" \/>\n<meta property=\"og:site_name\" content=\"Southern Oregon Business Journal\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-10T20:22:47+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-06-10T21:50:03+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/southernoregonbusiness.com\/wp-content\/uploads\/2023\/06\/apt.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"750\" \/>\n\t<meta property=\"og:image:height\" content=\"434\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Jim Teece\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jim Teece\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/southernoregonbusiness.com\/business-oregon-awards-1-2-million-to-applied-physics-technologies-to-support-oregon-innovation-and-the-semiconductor-industry\/\",\"url\":\"https:\/\/southernoregonbusiness.com\/business-oregon-awards-1-2-million-to-applied-physics-technologies-to-support-oregon-innovation-and-the-semiconductor-industry\/\",\"name\":\"Business Oregon Awards $1.2 Million to Applied Physics Technologies to Support Oregon Innovation and the Semiconductor Industry\u00a0 - 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