CoorsTek to invest $120M in advanced-materials center

GOLDEN — CoorsTek Inc. announced on Monday that it plans to invest $120 million to create a Center for Advanced Materials in Golden to support the development of new materials.

Golden-based CoorsTek is a privately owned manufacturer of engineered ceramics, semiconductor tooling, plastic tubing, medical devices and other industrial products.

The center will be a place where CoorsTek’s experts and its customers’ experts can collaborate on innovations. It will have a research and development hub outfitted with leading-edge equipment to develop ceramic materials and processes for a variety of next-generation applications. It also will have an analytical laboratory to provide the ceramic analyses, and…