Cree to build $1B silicon carbide wafer fab in Marcy, New York

Cree, Inc. announced a public-private partnership with New York State to invest approximately $1 billion over six years to construct and equip a new 200mm silicon carbide wafer fabrication facility at the Marcy Nanocenter on the SUNY Poly campus. The project is expected to create over 600 full-time jobs.

“Silicon carbide is one of the most pivotal technologies of our time, and is at the heart of enabling innovation across a wide range of today's most groundbreaking and revolutionary markets.”investor.wolfspeed.com

• 7 sources
• investor.wolfspeed.comCree Announces Update to Capacity Expansion Plan - Company to Build World’s Largest Silicon Carbide Device Manufacturing Facility in New York - Wolfspeed, Inc.Sep 23, 2019
• suny.edu9-23-19 Cree Partnership at SUNY Poly - SUNYSUNYSep 23, 2019
• wolfspeed.comCree Announces Update to Capacity Expansion PlanSep 23, 2019
• newsobserver.comCree picks New York over NC for billion dollar factory | Raleigh News & ObserverZachery EanesSep 23, 2019
• apnews.comSemiconductor company Cree to invest $1B in upstate NY plant | AP NewsSep 23, 2019

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