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Nova Expands Global Operations with New German Facility
Company Announcements

Nova Expands Global Operations with New German Facility

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The latest announcement is out from Nova ( (NVMI) ).

On January 28, 2025, Nova announced the opening of a new manufacturing facility and office in Bad Urach, Germany, marking a significant milestone in its global expansion strategy. This new facility doubles the production capacity of its Chemical Metrology Division and integrates state-of-the-art manufacturing with a research and development center. The site is designed with high sustainability standards, featuring geothermal heating and cooling, solar power, and efficient insulation. This expansion reflects Nova’s commitment to innovation and sustainability, and is expected to strengthen its industry positioning and foster local partnerships.

More about Nova

Nova is a leading innovator and provider of material, optical, and chemical metrology solutions for advanced process control in semiconductor manufacturing. The company offers high-performance metrology solutions that enhance semiconductor fabrication processes, helping manufacturers improve performance, yields, and accelerate the time to market. Nova operates globally and is publicly traded on the Nasdaq and TASE under the ticker symbol NVMI.

YTD Price Performance: 9.66%

Average Trading Volume: 213,540

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $7.33B

For an in-depth examination of NVMI stock, go to TipRanks’ Stock Analysis page.

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