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THE EXPANSION announced today by Kopin will be aided by a $3 million state grant that company President and CEO John C.C. Fain said "represents a partnership between Kopin and the Commonwealth of Massachusetts to create jobs and maintain Massachusetts as a leader in high-tech manufacturing."
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TAUNTON – With the help of a $3 million state development grant, the Kopin Corp. (Nasdaq: KOPN)today announced plans to increase the size of its Taunton production facilities, where the international company manufactures transistor wafers used to amplify Wi-Fi and cell phone circuits.
“The grant represents a partnership between Kopin and the Commonwealth of Massachusetts to create jobs and maintain Massachusetts as a leader in high-tech manufacturing,” John C.C. Fan, president and CEO, said in a release.
Kopin has more than 200 patents. Its Taunton plant focuses on the production of heterojunction bipolar transistors (HBTs). At other facilities – including sites in Westboro, Mass., and South Korea – the company also produces microdisplays used in consumer and military electronics, including digital cameras, thermal weapon sights and personal video eyewear.
The expansion will include construction of clean room facilities, infrastructure improvements and a job training program.
It is part of a five-year plan to increase the company’s work force. Currently, there are about 140 people working at the Taunton facility; the company did not have a specific goal for the size of the work-force increase it expects there.
Kopin Corp. (Nasdaq: KOPN) develops and manufactures telecommunications and digital imaging technologies under the Kopin, CyberDisplay and NanoSemiconductor Co. trademarks. Additional information is available at www.kopin.com.