The federal government has unveiled a $325 million investment plan for a new semiconductor facility in Michigan.
According to an Oct. 21 U.S. Department of Commerce press statement, the new Michigan Hemlock Semiconductor (HSC) facility in Saginaw County, will also create up to 1,000 construction jobs over time and potentially generate up to 180 manufacturing jobs in an area.
The funding, drawn from the CHIPS and Science Act of 2022, is earmarked for producing hyper-pure polysilicon, a critical component in electronics and solar panels.
During an Oct. 21 phone call with reporters, U.S. Secretary of Commerce Gina Raimondo emphasized the broader impact of the CHIPS Act, stating, “What we’ve been able to do with the CHIPS Act is not just build a few new factories, but fundamentally revitalize the semiconductor ecosystem in our country with American workers.”…