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[Image above] CoorsTek in Golden, Colo. Credit: CoorsTek; YouTube

CoorsTek is investing in the future—and, lucky for us, it looks like the future has lots of advanced materials in it.

The company just announced this week that it is investing $120 million to build an advanced materials R&D facility in its headquarters city of Golden, Colo.

“This investment will support the rapid development of new materials—helping CoorsTek technology and manufacturing customers solve their toughest challenges with the high-performance properties of advanced ceramics,” according to a CoorsTek press release.

The facility, called the Center for Advanced Materials, will house an R&D hub “outfitted with leading-edge equipment to develop innovative ceramic materials and processes for a variety of next-generation applications,” a comprehensive analytical laboratory, and a materials manufacturing facility “enabling swift commercialization and volume production using the latest technologies in advanced ceramic processing,” the release states.

At a time when more companies are outsourcing R&D efforts and manufacturing scale-up is a critical concern, this effort seems like it will be a very welcome one.

Hear more about the new center in the CoorsTek video below.

Credit: CoorsTek; YouTube