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SK Siltron CSS secures $544M DOE loan to expand SiC wafer plant in Michigan · Endata

◂ Announcements

Feb 22, 2024EXPANSIONBay City, Michigan, United States

SK Siltron CSS secures $544M DOE loan to expand SiC wafer plant in Michigan

SK Siltron CSS announced a conditional commitment from the U.S. Department of Energy for a loan of up to $544 million to expand manufacturing capacity of silicon carbide wafers at its Bay City, Michigan facility. The project is expected to create up to 200 additional jobs, reaching 450 workers by completion in 2027.

Value

$544.0M

Jobs

200

Starts operating

2027

Status

Announced

Productssilicon carbide (SiC) wafers

CompaniesSK Siltron CSS U.S. Department of Energy investor Department of Energy investor

Sectors#Semiconductors and Industrial Electronics

“This project is an important step towards ensuring a resilient and robust supply chain in the United States.”eng.sk.com

2 sources
eng.sk.comSK Siltron CSS Secures $544M DOE Loan Commitment | News | SKFeb 22, 2024
manufacturingdive.comSK Siltron scores $544M in federal money to expand chip production | Manufacturing DiveSara SamoraFeb 26, 2024

Summarized from public sources; check the original articles before acting on it.

More from SK Siltron CSS

Jan 10, 2024CONTRACTUnited States
Infineon signs supply agreement with SK Siltron CSS for SiC wafers
Infineon Technologies AG customer SK Siltron CSS supplier infineon.com
Dec 4, 2022CONTRACT
Qorvo and SK Siltron CSS sign multi-year SiC supply agreement
Qorvo customer SK Siltron CSS supplier icspec.com
Nov 2, 2022CONTRACTUnited States
Qorvo and SK Siltron CSS sign multi-year silicon carbide wafer supply agreement
Qorvo customer SK Siltron CSS supplier qorvo.com
Sep 1, 2022EXPANSIONBay City, Michigan, United States$300.0M
SK Siltron CSS opens new manufacturing facility in Bay City, Michigan
SK Siltron CSS SK디앤디 partner eng.sk.com
Mar 17, 2022EXPANSIONMonitor Township, Bay County, Michigan, United States$300.0M
SK Siltron CSS plans $300 million semiconductor wafer plant expansion in Michigan
SK Siltron CSS SK디앤디 investor mlive.com
Sep 2, 2021EXPANSIONBay County, Michigan (Bay City and Auburn), United States$300.0M150 jobs
SK Siltron CSS invests $300 million in Michigan expansion, adding second facility
SK Siltron CSS SK Siltron investor semiconductor-today.com

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