SHENZHEN, China, May 20, 2025 /PRNewswire/ -- CIMC Modular Building Systems (MBS), a global leader in modular construction, has signed a landmark agreement to deliver the Earth Riyadh Hotel in Saudi Arabia. As the company's first hospitality project in the region, this milestone reinforces CIMC MBS's commitment to advancing sustainable building practices and offering innovative solutions to the global hospitality sector.
Setting a New Benchmark for Modular Construction in the Middle East
Earth Hotels, a conscious and design-forward hospitality group built for the modern, mindful traveler, is setting the stage for its bold new openings across Saudi Arabia and Europe.
The Earth Riyadh Hotel is a three-story, four-star boutique property with a total floor area of 11,000 square meters, scheduled for completion in 2026. Located in the vibrant Al Maathar district near key attractions and the Diplomatic Quarter, the hotel will offer 86 signature rooms, lofts, and suites designed for both business and leisure travelers. More than just a place to stay, Earth Riyadh promises an immersive experience that blends Saudi cultural with laid-back vibes, bold locally inspired designs, and purposeful hospitality.
CIMC MBS will provide a full spectrum of services including module design, offsite manufacturing, and on-site installation. This advanced modular construction technology is expected to shorten the construction timeline by over 50% compared to traditional methods, while significantly enhancing resource and energy efficiency.
"We are proud to contribute our modular expertise to this landmark project in Riyadh," said Victor Zhu, Managing Director of CIMC MBS. "It reflects our commitment to delivering efficient, sustainable building solutions to partners worldwide."
The hotel's developer praised CIMC MBS's proven technical competence and execution capabilities, noting the project as a model for supporting Saudi Arabia's smart city and tourism ambitions.
Driving Innovation and Global Collaboration
With more than 20 years of international project experience, CIMC MBS has delivered modular building solutions across over 20 countries and regions. The Earth Riyadh Hotel project marks a significant step in the company's global expansion and underscores its role in shaping the future of sustainable construction.
This project is expected to play a key role in enhancing Saudi Arabia's tourism infrastructure and serves as a compelling example of international cooperation in the construction industry.
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CIMC Modular Building Systems Pioneers Sustainable Modular Hotel Construction in Saudi Arabia, Setting a New Benchmark in the Middle East
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GWACHEON, South Korea, April 30, 2026 /PRNewswire/ -- Park Systems Corp., the world's leading provider of atomic force microscopy (AFM) solutions, today announced the completion of its acquisition of Rocky Mountain Nanotechnology LLC (RMN), a Salt Lake City, Utah-based manufacturer of ultra-high-purity solid platinum and platinum-iridium AFM probes. The acquisition marks Park Systems' first entry into probe manufacturing and represents a strategic step to bring a critical component of AFM-based nanoprobing and electrical measurement in-house.
Founded in 2003 by Dr. Clayton Williams — former physics professor at the University of Utah and former research staff member at IBM — RMN has built a strong reputation over more than two decades for producing ultra-sharp solid-metal AFM probes with tip radii as small as 10 nanometers. RMN probes support a wide range of advanced and electrical AFM modes, particularly in high-voltage applications, including Conductive AFM(C-AFM), Electrostatic Force Microscopy (EFM), Kelvin Probe Force Microscopy (KPFM), Piezoresponse Force Microscopy (PFM), Scanning Capacitance Microscopy (SCM), Scanning Microwave Impedance Microscopy (sMIM), and Nano-IR. RMN's customer base includes leading universities and corporate research institutions worldwide.
"RMN's solid-metal probe technology is directly complementary to Park Systems' advanced electrical measurement modes and next-generation nanoprobing systems currently under development," said Dr. Sang-il Park, Founder and CEO of Park Systems. "This acquisition represents a step toward that strategy — one that secures a stable supply of high-performance specialty probes our electrical measurement solutions are built upon."
Following the acquisition, Park Systems plans to establish a dedicated probe production facility in South Korea, through a technology transfer from RMN's existing operations in Salt Lake City, Utah. RMN's U.S. facility will continue full production during the transition period to ensure uninterrupted supply for existing customers.
"Joining Park Systems opens new possibilities for Rocky Mountain Nanotechnology — expanding the reach of our probe technology, enabling applications we could not have pursued independently, and strengthening our position in the global AFM probe market," said Dr. Clayton Williams, Founder of Rocky Mountain Nanotechnology.
Existing RMN customers can continue purchasing products as before. Park Systems is committed to maintaining product continuity while introducing new probes and an expanded lineup under the combined organization.
ABOUT PARK SYSTEMS
Park Systems is a global leader in nanometrology, providing advanced measurement solutions for research and industrial applications. With regional offices across the Americas, Europe, and Asia, the company supports customers in semiconductor manufacturing, materials science, and nanotechnology research.
Park Systems' technology portfolio includes atomic force microscopy (AFM), imaging spectroscopic ellipsometry, digital holographic microscopy, white light interferometry, and active vibration isolation systems.
Founded by Dr. Sang-il Park, a contributor to the invention of AFM at Stanford University, the company has grown through continuous innovation and strategic acquisitions—including Accurion GmbH and Lyncée Tec SA—to become a leading force in the global nanometrology industry.
For more information, visit www.parksystems.com
About Rocky Mountain Nanotechnology LLC
Rocky Mountain Nanotechnology LLC, founded in 2003 and based in Salt Lake City, Utah, specializes in the design and manufacture of ultra-sharp solid platinum and platinum-iridium probes for scanning microscopy. RMN probes are used worldwide by researchers and engineers conducting nanoscale electrical and materials characterization.
For more information, visit www.rmnano.com
GWACHEON, South Korea, April 30, 2026 /PRNewswire/ -- Park Systems Corp., the world's leading provider of atomic force microscopy (AFM) solutions, today announced the completion of its acquisition of Rocky Mountain Nanotechnology LLC (RMN), a Salt Lake City, Utah-based manufacturer of ultra-high-purity solid platinum and platinum-iridium AFM probes. The acquisition marks Park Systems' first entry into probe manufacturing and represents a strategic step to bring a critical component of AFM-based nanoprobing and electrical measurement in-house.
Founded in 2003 by Dr. Clayton Williams — former physics professor at the University of Utah and former research staff member at IBM — RMN has built a strong reputation over more than two decades for producing ultra-sharp solid-metal AFM probes with tip radii as small as 10 nanometers. RMN probes support a wide range of advanced and electrical AFM modes, particularly in high-voltage applications, including Conductive AFM(C-AFM), Electrostatic Force Microscopy (EFM), Kelvin Probe Force Microscopy (KPFM), Piezoresponse Force Microscopy (PFM), Scanning Capacitance Microscopy (SCM), Scanning Microwave Impedance Microscopy (sMIM), and Nano-IR. RMN's customer base includes leading universities and corporate research institutions worldwide.
"RMN's solid-metal probe technology is directly complementary to Park Systems' advanced electrical measurement modes and next-generation nanoprobing systems currently under development," said Dr. Sang-il Park, Founder and CEO of Park Systems. "This acquisition represents a step toward that strategy — one that secures a stable supply of high-performance specialty probes our electrical measurement solutions are built upon."
Following the acquisition, Park Systems plans to establish a dedicated probe production facility in South Korea, through a technology transfer from RMN's existing operations in Salt Lake City, Utah. RMN's U.S. facility will continue full production during the transition period to ensure uninterrupted supply for existing customers.
"Joining Park Systems opens new possibilities for Rocky Mountain Nanotechnology — expanding the reach of our probe technology, enabling applications we could not have pursued independently, and strengthening our position in the global AFM probe market," said Dr. Clayton Williams, Founder of Rocky Mountain Nanotechnology.
Existing RMN customers can continue purchasing products as before. Park Systems is committed to maintaining product continuity while introducing new probes and an expanded lineup under the combined organization.
ABOUT PARK SYSTEMS
Park Systems is a global leader in nanometrology, providing advanced measurement solutions for research and industrial applications. With regional offices across the Americas, Europe, and Asia, the company supports customers in semiconductor manufacturing, materials science, and nanotechnology research.
Park Systems' technology portfolio includes atomic force microscopy (AFM), imaging spectroscopic ellipsometry, digital holographic microscopy, white light interferometry, and active vibration isolation systems.
Founded by Dr. Sang-il Park, a contributor to the invention of AFM at Stanford University, the company has grown through continuous innovation and strategic acquisitions—including Accurion GmbH and Lyncée Tec SA—to become a leading force in the global nanometrology industry.
For more information, visit www.parksystems.com
About Rocky Mountain Nanotechnology LLC
Rocky Mountain Nanotechnology LLC, founded in 2003 and based in Salt Lake City, Utah, specializes in the design and manufacture of ultra-sharp solid platinum and platinum-iridium probes for scanning microscopy. RMN probes are used worldwide by researchers and engineers conducting nanoscale electrical and materials characterization.
For more information, visit www.rmnano.com
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Park Systems Acquires Rocky Mountain Nanotechnology, Securing Supply Chain of Solid Metal Probes
