# Cree to invest $1B in silicon carbide capacity expansion in Durham, N.C.

Cree Inc. will invest up to $1 billion to expand its silicon carbide capacity in Durham, N.C., including an automotive-qualified 200mm silicon carbide fabrication plant and a materials mega-factory. Construction is expected to begin in 2019 with completion in 2024.

- Type: Expansion
- Announced: 2019-05-08
- Where: Durham, North Carolina, United States
- Value: $1.00B
- Starts operating: 2024
- Status: announced
- Capacity: wafer fabrication capacity increase by a factor of 30 compared to Q1 FY2017
- Products: silicon carbide wafers
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Cree](https://endata.com/companies/23782.md)

## Sources

- [everythingrf.com](https://www.everythingrf.com/news/details/8161-Cree-to-Invest-1-Billion-to-Expand-its-Silicon-Carbide-Capacity), 2019-05-08: "Cree will invest up to $1 billion in the expansion of its silicon carbide capacity with the development of a state-of-the-art, automated 200 mm silicon carbide fabrication facility and a materials mega factory at its U.S. campus headquarters in Durham, N.C."
- [enr.com](https://www.enr.com/articles/46855-semiconductor-manufacturer-announces-1b-expansion-of-nc-facility), 2019-05-10: "Semiconductor maker Cree Inc. will invest up to $1 billion in the expansion of its silicon carbide capacity with the development of an automotive-qualified 200mm silicon carbide fabrication plant and a 'materials mega-factory' in Durham, N.C."
- [pt.cision.com](http://pt.cision.com/cp2013/clippingdetails.aspx?id=2F43AEBA-951F-4E8A-A724-4F248320E753), 2019-05-14: "Cree Invests $1 Billion in Expanding SiC Semiconductor Fab Capacity, Develops MOSFET Portfolio"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.