# Cree plans $1B silicon carbide capacity expansion in Durham

Cree Inc. will invest up to $1 billion to expand silicon carbide capacity at its Durham, North Carolina campus, including a new 200mm wafer fab and a materials mega factory. The expansion is expected to increase wafer fabrication capacity up to 30-fold and materials production up to 30-fold by 2024.

- Type: Expansion
- Announced: 2019-07-29
- Where: Durham, North Carolina, United States
- Value: $1.00B
- Starts operating: 2024
- Status: announced
- Capacity: 30-fold increase in wafer fabrication capacity; 30-fold increase in materials production
- Products: silicon carbide wafers, GaN on silicon carbide semiconductors
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

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

## Sources

- [areadevelopment.com](https://www.areadevelopment.com/newsitems/7-29-2019/cree-durham-materials-mega-factory-north-carolina.shtml), 2019-07-29: "Cree Plans $1 Billion Expansion at Durham, North Carolina, Campus"
- [cleanroomtechnology.com](https://cleanroomtechnology.com/cree-funds-1bn-silicon-carbide-production-capacity-expansion-157578), 2019-08-29: "This is the fourth major long-term agreement for silicon carbide materials that we have announced in the past year and a half."
- [minuteman.com](https://minuteman.com/us/locations/nc/durham/news/crees-durham-campus-to-invest-in-1bn-expansion-148942), 2019-09-09: "Cree's plan delivers additional capacity for its Wolfspeed silicon carbide trade."

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