Biden Administration Allocates $325M for Michigan Semiconductor Facility
The funding aims to boost U.S. polysilicon production, creating jobs and strengthening the semiconductor supply chain.
- Hemlock Semiconductor will receive up to $325 million from the CHIPS and Science Act for a new facility in Saginaw County, Michigan.
- The investment is expected to create 180 manufacturing jobs and over 1,000 construction jobs, enhancing local employment opportunities.
- Hyper-pure polysilicon produced at the facility is crucial for advanced semiconductor and solar technologies.
- The project marks a significant step in revitalizing the U.S. semiconductor ecosystem and reducing reliance on overseas production.
- Construction is planned to begin in 2026, with production slated for 2028, following a comprehensive due diligence process.