# Momentive Performance Materials invests $15M in Waterford silicone facility

Momentive Performance Materials is investing $15 million to expand electronic materials production at its Waterford, New York facility, with new capabilities expected to be operational in 2021. This is part of a larger $40 million global investment.

- Type: Expansion
- Announced: 2020-09-09
- Where: Waterford, New York, United States
- Value: $15.0M
- Starts operating: 2021
- Status: announced
- Products: silicone electronic materials
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Automotive Components](https://endata.com/sectors/automotive-components.md), [Aerospace Components](https://endata.com/sectors/aerospace-components.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Momentive Performance Materials](https://endata.com/companies/16660.md)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/momentive-performance-materials-expands-investment-in-future-silicone-technologies-for-high-tech-applications-301126652.html), 2020-09-09: "This investment is a key milestone in our global leadership in silicone innovation."

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