# SKC to build $473M glass-based semiconductor substrate plant in Covington, Georgia

SKC, a subsidiary of SK Group, will invest more than $473 million to manufacture glass-based substrates for semiconductor chips in Covington, Georgia, creating more than 400 new jobs. A memorandum of understanding was signed with the State of Georgia.

- Type: New facility
- Announced: 2021-10-28
- Where: Covington, Newton County, Georgia, United States
- Value: $473.0M
- Jobs: 400
- Starts operating: 2023
- Status: announced
- Products: glass-based substrates for semiconductor chips
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [SKC Co.](https://endata.com/companies/22921.md)
- [SK디앤디](https://endata.com/companies/20456.md) (investor)

## Sources

- [gov.georgia.gov](https://gov.georgia.gov/press-releases/2021-10-28/gov-kemp-sk-group-locate-first-its-kind-glass-based-semiconductor-part), 2021-10-28: "The company will invest more than $473 million in this unprecedented venture and will create more than 400 new jobs in Newton County."
- [thomasnet.com](https://www.thomasnet.com/insights/south-korean-firm-announces-473-million-investment-in-microchip-part-plant-in-georgia/), 2021-11-18: "Our new technology will be key in enabling utmost performance with minimal power consumptions for high-performance computing, as well as for high-speed communication applications, and this technology is scalable for many other technology needs."

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