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Okmetic focuses on its core business and closes down its epi plant in the United States

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OKMETIC OYJ        STOCK EXCHANGE RELEASE     9 DECEMBER 2015       AT 8.00 A.M. OKMETIC FOCUSES ON ITS CORE BUSINESS AND CLOSES DOWN ITS EPI PLANT IN THE UNITED STATES Okmetic has decided to phase out of its epitaxial deposition business and close down its Allen plant located in the United States that is focused on epitaxial deposition of silicon wafers. The facility will be wound down gradually by the end of 2016. The closure of the unit, which has become unprofitable, will improve the company's operating profit and cash flow after the wind-down, and will also free up capital...

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