02:55 PM EDT, 08/21/2025 (MT Newswires) -- Entegris ( ENTG ) said Thursday it plans to invest $700 million in research and development projects and related capital expenditures in the US over the next several years, bringing its total planned domestic investment to $1.4 billion.

The company said the effort is aimed at accelerating innovation in semiconductors.

A portion of the investment will be allotted to develop its location in Aurora, Illinois, into a technology center strategically located between semiconductor hubs in New York, Ohio, Arizona, and Texas, the company said.

The commitment complements Entegris' ( ENTG ) earlier $700 million investment in a manufacturing center of excellence in Colorado Springs, Colorado.

Shares of Entegris ( ENTG ) were up more than 3% in recent trading.

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