# 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.

- Type: Expansion
- Announced: 2024-02-22
- Where: Bay City, Michigan, United States
- Value: $544.0M
- Jobs: 200
- Starts operating: 2027
- Status: announced
- Products: silicon carbide (SiC) wafers
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [SK Siltron CSS](https://endata.com/companies/56447.md)
- [U.S. Department of Energy](https://endata.com/companies/11453.md) (investor)
- [Department of Energy](https://endata.com/companies/75865.md) (investor)

## Sources

- [eng.sk.com](https://eng.sk.com/news/sk-siltron-css-secures-conditional-commitment-from-u-s-department-of-energy-for-a-loan-of-up-to-544-million), 2024-02-22: "This project is an important step towards ensuring a resilient and robust supply chain in the United States."
- [manufacturingdive.com](https://www.manufacturingdive.com/news/energy-department-sk-siltron-544m-loan-bay-city-michigan-sic-wafers-ev-expansion-federal-funding/708429/), 2024-02-26: "Completion of our facility with support from [Advanced Technology Vehicles Manufacturing] funding not only strengthens our nation's manufacturing technology, but also fuels job creation, laying the foundation for innovation and economic growth in Michigan and the broader United States."

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