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Argan Inc. operates in the industrial and commercial equipment and services sector. The company's primary business is through its subsidiary, Generation3, which provides critical equipment and services for the semiconductor manufacturing industry. This includes sophisticated cleaning, etching, and metrology equipment essential for producing advanced microchips. Argan also holds investments in other sectors, notably through its wholly owned subsidiary, Argan Renewables, which focuses on renewable energy projects. This diversification aims to leverage growth opportunities in both established and emerging industries. The company's market position is built on providing specialized, high-value solutions within the demanding semiconductor fabrication ecosystem, a critical component of the global technology supply chain. Its strategic investments aim to capitalize on trends in both advanced manufacturing and sustainable energy.
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