Eternal Technology

Eternal Technology Corporation, a Taiwan-based manufacturer of dry film photoresist
materials, will locate a new facility in Chesterfield County. The Richmond metropolitan
area will gain up to 120 new jobs and more than $35 million in investment from the project
over the next several years.

Governor Jim Gilmore hailed them as the first major Taiwanese manufacturer to locate in
Virginia. “Eternal will be a welcome addition to the state’s growing high-tech
electronics manufacturing sector” he said.

Eternal Technology Corporation is a subsidiary of Eternal Chemical Company Ltd. that is
based in Kaohsiung, Taiwan. The Chesterfield plant will be their first United States
manufacturing facility. Eternal Technology will produce photoresist film that enables
printed circuit board manufacturers to produce extremely fine circuit patterns on
copper-clad laminated plates through a photo-imaging process.

“We chose Chesterfield County, Virginia because of its strategic business
location,” said Ying Kao, president of Eternal Technology Corporation. “We will
utilize Virginia’s excellent transportation infrastructure to carry our products and
we have great confidence in the state’s skilled workforce.”

The 65,000 square foot facility will be located in the Appomattox Industrial Center,
with immediate access to the new I-95/Walthall interchange. Eternal will also accrure
several state and county tax benefits by locating here which is part of a large Enterprise
Zone. The building plans provide for an additional 10,000 square feet of manufacturing
space which would bring the total investment up to $35 million.

This project was designated as FAST TRACK and the complex site plan received
substantial approval in 8 days. The process was expedited by several preliminary meetings
between the desgin/build contractor McKinney and Company and the county review staff.