Full-Time
Manufacturing Engineer 1
Production Support
Axcelis Technologies
1,001-5,000 employees
Ion-implantation equipment and services provider
Compensation Overview
$66.7k - $100k/yr
Beverly, MA, USA
Remote
Up to 25% travel for contract manufacturing and supply chain support.
Bachelor's
 Manufacturing & Process Engineering (1) |
|---|
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- A bachelor's degree in Electrical Engineering, Mechanical Engineering, Industrial Engineering, or Manufacturing Engineering and 0–2 years of professional experience.
- Experience with engineering tools such as SolidWorks, Creo, AutoCAD, or DraftSight.
- Familiarity with mechanical and electrical equipment such as calipers, hand tools, and digital multimeters.
- Ability to interpret and analyze engineering drawings, electrical schematics, 3D computer-aided design models, bills of materials, and geometric dimensioning and tolerancing specifications.
- Support and continuously improve manufacturing systems for complex mechanical and electrical assemblies, including wire harnesses, robotic systems, pneumatic, vacuum, cooling, and high-pressure systems, as well as module build and test operations.
- Provide daily support for contract manufacturing assembly and ion implanter system builds.
- Design, develop, and implement production tooling, fixtures, and assembly aids to improve product quality, manufacturability, ergonomics, and operational efficiency.
- Create, revise, and maintain manufacturing procedures, work instructions, and assembly documentation for modules, subassemblies, and final product builds.
- Initiate and drive corrections to bills of materials, routings, and engineering documentation to ensure compliance with form, fit, and function requirements while preserving design intent.
- Improve manufacturing cell performance through Lean Manufacturing, Kaizen, Six Sigma, and other continuous improvement methodologies; establish and document standardized work using visual work instructions and best practices.
- Lead root cause investigations for quality, process, and production issues using structured problem-solving methodologies; develop and implement containment, corrective, and preventive actions.
- Drive timely resolution of production, quality, and supply chain issues to minimize disruptions and maintain delivery commitments.
- Collaborate with Design Engineering, Quality, Supply Chain, and Operations teams to support new product introductions, engineering changes, and product lifecycle management activities.
- Analyze manufacturing processes to estimate production costs, establish labor and cycle-time standards, and recommend tooling, equipment, and process improvements for new and existing product lines.
- Provide technical support to manufacturing personnel and serve as a key resource for troubleshooting assembly, test, and process-related challenges.
- Identify opportunities to improve safety, quality, delivery, and cost performance through process optimization, automation, and waste-reduction initiatives.
Axcelis Technologies supplies ion implantation equipment and related services for semiconductor manufacturing. Its ion implantation systems modify wafer materials by inserting ions, with aftermarket support, spare parts, upgrades, maintenance, and training to keep production running. The company differentiates itself through a 40+ year track record, a focused portfolio on ion implantation, a global service network, and close collaboration with customers to tailor solutions. Its goal is to help leading chipmakers improve device performance and manufacturing efficiency through reliable equipment and ongoing technical support.
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Beverly, Massachusetts
Founded
1978
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Simplify's Take
What believers are saying
- On September 8, 2026, Axcelis announced a $35 million Korea factory, expanding capacity.
- Q2 2026 revenue hit $215 million, and management raised full-year growth guidance.
- Veeco shareholders approved the merger on February 6, 2026, expanding product breadth.
What critics are saying
- China's SAMR remains the final approval for the Veeco merger, threatening completion beyond 2026.
- China delivered 46% of Q2 2026 revenue, leaving Axcelis exposed to Beijing retaliation.
- If SAMR rejects the deal, Axcelis loses promised scale, synergies, and investor confidence.
What makes Axcelis Technologies unique
- Axcelis dominates ion implantation, a critical front-end step, with nearly 50 years' experience.
- Purion beamline and MUSIC improve wafer throughput, lowering cost per wafer for fabs.
- Pyeongtaek facility adds cleanrooms, warehousing, and training for global high-volume support.
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Benefits
Hybrid Work Options
Company News
Axcelis Technologies will invest $35 million to build a new ion implantation equipment manufacturing facility in Pyeongtaek, South Korea. The 200,000-square-foot site will feature warehousing, cleanrooms, and a training centre designed to support growing global semiconductor demand. President and CEO Russell Low said the investment reflects Axcelis' commitment to strengthening its global manufacturing infrastructure. The facility will enhance the company's ability to serve customers worldwide, building on its established presence in Korea. Production at the new manufacturing centre is scheduled to begin in the second half of 2028. A groundbreaking ceremony is planned for 20 October 2026. Axcelis, headquartered in Beverly, Massachusetts, supplies ion implantation solutions for the semiconductor industry.
Axcelis to build new manufacturing facility in Pyeongtaek, Korea. September 8, 2026 BEVERLY, Mass., Sept. 8, 2026 /PRNewswire/ - Axcelis Technologies, Inc. (Nasdaq: ACLS), a leading supplier of enabling ion implantation solutions for the semiconductor industry, today announced plans to invest $35 million in its global manufacturing infrastructure through the construction of a new ion implantation equipment manufacturing facility in Pyeongtaek, Gyeonggi Province, Korea. Robert Mahoney, Axcelis' EVP of Global Operations, with Kim Jeong-kwan, Minister of Trade, Industry and Energy, at the recent U.S. Investment Filing Ceremony and Roundtable event held in Washington, D.C. President and CEO Russell Low commented, "This investment reflects Axcelis' continued commitment to strengthening our global high volume manufacturing infrastructure and expanding the capabilities needed to serve our customers around the world. Ion implanters are among the most important tools in front-end semiconductor manufacturing. Building on our established presence in Korea, the new Pyeongtaek facility will enhance our ability to support growing global demand for semiconductors." The Pyeongtaek site will encompass approximately 200,000 square feet of total gross floor area. The manufacturing center's design will provide a lean production environment that encompasses nearly 50 years of semiconductor capital equipment experience. The Pyeongtaek facility will integrate warehousing, Class 1,000 and Class 10,000 cleanrooms, and a training center, to enable fast and flexible responses to our customers' needs. As part of this global manufacturing expansion, Robert Mahoney, Executive Vice President, Global Operations, participated in an Investment Declaration Ceremony in Washington, D.C., with representatives from the Ministry of Trade, Industry and Resources (MOTIR) and the Korea Trade-Investment Promotion Agency (KOTRA) last week. A groundbreaking ceremony will follow on October 20, 2026. Production at the new manufacturing facility is scheduled to commence in the second half of 2028. About Axcelis Axcelis (Nasdaq: ACLS), headquartered in Beverly, Mass., has been providing innovative, high-productivity solutions for the semiconductor industry for nearly 50 years. Axcelis is dedicated to developing enabling process applications through the design, manufacture and complete life cycle support of ion implantation systems, one of the most critical and enabling steps in the IC manufacturing process. Learn more about Axcelis at www.axcelis.com. Safe Harbor Statement: Statements made in this press release that are not of known historical fact are forward-looking statements and are subject to the safe harbor provisions created by the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations and should be viewed with caution. They are subject to various risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements, including the risks and uncertainties that are described in the documents filed or furnished by us with the Securities and Exchange Commission ("SEC"), including specifically the risk factors described in our most recent Annual Report on Form 10-K and other subsequent filings with the SEC. The Company undertakes no obligation to update the information or statements made in this press release. Investor Relations Contact: David Ryzhik Senior Vice President and Interim CFO Telephone: (978) 787-2352 Email: [email protected] Press/Media Relations Contacts: Maureen Hart Senior Director, Corporate & Marketing Communications Telephone: (978) 787-4266 Email: [email protected]
South Korea says US companies to invest US$2 billion in chip, energy sectors. Published Fri, Sep 4, 2026 · 08:58 AM * (From left) South Korean Industry Minister Kim Jung Kwan with US Commerce Secretary Howard Lutnick at a G20 meeting in Chapel Hill, North Carolina, Sep 2, 2026. PHOTO: EPA [SEOUL] Four US companies have committed a combined US$2 billion of investment in South Korea across semiconductors, advanced materials and energy, Seoul's Industry Ministry said on Friday (Sep 4). The investments were announced during a ceremony attended by Industry Minister Kim Jung Kwan in Washington on Thursday, according to a ministry press release. US industrial gases supplier Air Products will expand semiconductor gas and rare gas facilities in Pyeongtaek, and chip equipment maker Axcelis will expand production of ion implantation systems in South Korea, the ministry said. Materials company Corning will invest in advanced glass and other materials used in displays and semiconductors, and renewable energy developer Pacifico Energy will advance a 3.2-gigawatt offshore wind project in the country's south-west expected to host a new chips cluster, according to the press release. REUTERS Share with us your feedback on BT's products and services
Reinhart Partners LLC. has $175.94 million stock position in Axcelis Technologies, Inc. $ACLS. August 8, 2026 Key points. * Reinhart Partners cut its Axcelis Technologies stake by 44% in the second quarter, selling 729,085 shares. It still owned 928,660 shares worth about $175.9 million, representing 4% of its portfolio and 3.02% of ACLS. * Axcelis beat second-quarter estimates and raised its outlook. Revenue increased 10.6% year over year to $215.2 million, while non-GAAP EPS reached $1.06 versus the $0.89 consensus; Q3 guidance also exceeded expectations and full-year 2026 revenue growth was raised to the mid-single digits. * Market sentiment remains mixed. Craig Hallum downgraded the stock to Hold with a $140 target, while analysts overall assign an average Hold rating and $132.20 target; insiders have also sold more than 26,000 shares over the past 90 days. * MarketBeat previews top five stocks to own in September. Reinhart Partners LLC. trimmed its stake in Axcelis Technologies, Inc. (NASDAQ:ACLS - Free Report) by 44.0% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 928,660 shares of the semiconductor company's stock after selling 729,085 shares during the period. Axcelis Technologies accounts for approximately 4.0% of Reinhart Partners LLC.'s holdings, making the stock its 3rd largest position. Reinhart Partners LLC. owned about 3.02% of Axcelis Technologies worth $175,938,000 as of its most recent SEC filing. A number of other institutional investors also recently bought and sold shares of ACLS. REAP Financial Group LLC bought a new stake in Axcelis Technologies during the fourth quarter valued at about $25,000. EverSource Wealth Advisors LLC raised its stake in shares of Axcelis Technologies by 145.1% in the second quarter. EverSource Wealth Advisors LLC now owns 451 shares of the semiconductor company's stock worth $31,000 after buying an additional 267 shares during the period. Advisory Services Network LLC bought a new position in shares of Axcelis Technologies in the third quarter worth about $32,000. Leonteq Securities AG purchased a new position in shares of Axcelis Technologies during the 4th quarter valued at about $40,000. Finally, Clearstead Advisors LLC lifted its position in shares of Axcelis Technologies by 197.1% during the 4th quarter. Clearstead Advisors LLC now owns 719 shares of the semiconductor company's stock valued at $58,000 after buying an additional 477 shares in the last quarter. 89.98% of the stock is owned by institutional investors. Axcelis Technologies news roundup. Here are the key news stories impacting Axcelis Technologies this week: * Positive Sentiment: Q2 earnings and revenue beat estimates. Axcelis reported revenue of $215.2 million, up 10.6% year over year, while non-GAAP diluted EPS was $1.06 versus the $0.89 consensus estimate. Non-GAAP gross and operating margins were 42.7% and 14.7%, respectively. Axcelis Announces Financial Results for Second Quarter 2026 * Positive Sentiment: Q3 guidance exceeded analyst expectations. Management forecast EPS of approximately $1.11 and revenue of $230 million, above consensus estimates of $1.01 and $214.8 million. The company also raised its full-year 2026 outlook to mid-single-digit revenue growth, improving visibility for investors. Axcelis expects Q3 2026 EPS of about $1.11 as it lifts full-year 2026 outlook * Neutral Sentiment: Investors are weighing the semiconductor capital-spending outlook. Recent analysis highlights Axcelis's exposure to the ongoing chip-manufacturing buildout but questions whether the equipment-spending cycle can continue supporting growth. This remains an important longer-term factor for ACLS. Can Axcelis Technologies Keep Riding the Semiconductor Capital Spending Wave? * Negative Sentiment: Craig Hallum downgraded ACLS from Buy to Hold and assigned a $140 price target, suggesting limited near-term upside at the time of the report. The downgrade may temper enthusiasm following the earnings beat, particularly given the stock's elevated valuation and recent volatility. Finviz Insider buying and selling at Axcelis Technologies. In other news, VP Todd Sutton sold 2,000 shares of Axcelis Technologies stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $159.99, for a total transaction of $319,980.00. Following the sale, the vice president owned 6,360 shares in the company, valued at $1,017,536.40. This trade represents a 23.92% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Necip Sayiner sold 1,586 shares of the business's stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $157.44, for a total transaction of $249,699.84. Following the completion of the transaction, the director directly owned 7,112 shares in the company, valued at $1,119,713.28. This trade represents a 18.23% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 26,083 shares of company stock worth $4,001,032. Insiders own 0.49% of the company's stock. Analyst upgrades and downgrades. Several research firms recently issued reports on ACLS. B. Riley Financial raised shares of Axcelis Technologies from a "neutral" rating to a "buy" rating and set a $150.00 target price for the company in a report on Monday, April 20th. Zacks Research raised shares of Axcelis Technologies from a "strong sell" rating to a "hold" rating in a report on Monday, April 20th. Weiss Ratings lowered shares of Axcelis Technologies from a "hold (c)" rating to a "hold (c-)" rating in a research report on Tuesday, May 12th. Craig Hallum lowered shares of Axcelis Technologies from a "buy" rating to a "hold" rating and set a $140.00 price target for the company. in a research report on Friday. Finally, Bank of America increased their price objective on shares of Axcelis Technologies from $130.00 to $156.00 and gave the stock an "underperform" rating in a research note on Tuesday, June 23rd. Three research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $132.20. Axcelis Technologies stock performance. NASDAQ ACLS opened at $140.27 on Friday. The company has a quick ratio of 2.99, a current ratio of 4.90 and a debt-to-equity ratio of 0.04. Axcelis Technologies, Inc. has a twelve month low of $73.60 and a twelve month high of $193.78. The business has a 50-day moving average price of $152.46 and a 200-day moving average price of $124.32. The firm has a market cap of $4.31 billion, a price-to-earnings ratio of 47.07, a price-to-earnings-growth ratio of 9.68 and a beta of 1.92. Axcelis Technologies (NASDAQ:ACLS - Get Free Report) last issued its earnings results on Thursday, August 6th. The semiconductor company reported $1.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.17. Axcelis Technologies had a return on equity of 11.69% and a net margin of 10.71%.The company had revenue of $215.18 million for the quarter, compared to the consensus estimate of $205.03 million. During the same quarter last year, the company earned $1.13 EPS. The firm's quarterly revenue was up 10.6% on a year-over-year basis. Axcelis Technologies has set its Q3 2026 guidance at 1.110-1.110 EPS. As a group, equities research analysts predict that Axcelis Technologies, Inc. will post 3.21 EPS for the current fiscal year. About Axcelis Technologies. Axcelis Technologies, Inc is a leading developer and manufacturer of ion implantation and cleaning equipment used in the fabrication of semiconductor chips. The company specializes in high-current, medium-current and high-energy ion implantation systems, which are critical for introducing precisely controlled dopants into silicon wafers. Axcelis also offers plasma-based cleaning and dry strip tools that support advanced process nodes in logic, memory and power device manufacturing. The company's product portfolio encompasses single-wafer and multi-wafer cluster tools designed to deliver high throughput, accuracy and uniformity for semiconductor process steps. Want to see what other hedge funds are holding ACLS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Axcelis Technologies, Inc. (NASDAQ:ACLS - Free Report). This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Continue following MarketBeat Before you consider Axcelis Technologies, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Axcelis Technologies wasn't on the list. While Axcelis Technologies currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys. MarketBeat just released its list of the 7 hottest IPOs expected to hit Wall Street in 2026. 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Axcelis Technologies reported second-quarter 2026 revenue of $215 million and non-GAAP EPS of $1.06, exceeding expectations. The semiconductor equipment manufacturer raised its full-year outlook to mid-single-digit revenue growth, up from previously flat projections. Growth in power and mature-node markets offset weaker memory revenue. China accounted for 46% of quarterly revenue, whilst backlog stood at $452 million. Bookings totalled $131 million with a book-to-bill ratio of approximately 1.0. The company expects third-quarter revenue of approximately $230 million and non-GAAP EPS of $1.11. Management anticipates improving demand through 2027, particularly in memory, silicon carbide and mature-node applications. Axcelis's pending merger with Veeco remains on track to close in the second half of 2026, subject to regulatory approvals including from China's State Administration for Market Regulation.