The Department of Commerce has awarded Absolics and Entegris a combined $152 million in funding to expand domestic production of critical semiconductor components.
The department said Thursday the investments, under under the CHIPS Incentives Program’s Funding Opportunity for Commercial Fabrication Facilities, are intended to strengthen the nation’s supply chain security by constructing and expanding manufacturing facilities in Georgia and Colorado.
New Projects Funded Under the CHIPS Incentives Program
Under the new set of CHIPS investments, SKC affiliate Absolics will receive up to $75 million in direct funding to construct a semiconductor facility in Covington, Georgia. The 120,000 square-foot facility will house the development and production of the company’s glass substrate technology, utilized in semiconductor advanced packaging.
The DOC awarded Entegris up to $77 million in direct funding to expand its operations in Colorado Springs to bolster the production of materials and equipment for the production of advanced semiconductor chips. The manufacturing center funded by the investment is expected to be operational by 2025. It will produce liquid filtration products and Front-Opening-Unified Pods—specialized containers for semiconductor wafers.
Around 1,200 construction, manufacturing and R&D jobs are expected to be available courtesy of the Absolics investment. Meanwhile, the Entegris project will generate around 900 jobs.
Secretary of Commerce Gina Raimondo, stated, “As a result of these investments, the states of Colorado and Georgia will play an important role in revitalizing the U.S. semiconductor industry while creating thousands of jobs in the process.”
