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Coherent said it plans to sell its epitaxial fabrication facility in Champaign, Illinois, as part of an ongoing plan to optimize its manufacturing footprint.

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SAXONBURG, Pa., March 26, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, announced today that it will sell its epitaxial fabrication ...