Absolics receives $75M US grant for Georgia semiconductor glass substrate plant

The U.S. Department of Commerce announced a $75 million investment to help build a factory in Covington, Georgia, making glass substrates for semiconductor packaging. Absolics, part of South Korea's SK Group, will spend over $300 million on the first phase and plans to hire 300 workers. Construction is underway, with production expected to increase in 2025.

“It is strategically essential that the United States have this domestic manufacturing capacity.”ien.com

• 1 source
• ien.comU.S. Gives $75 Million to South Korean Company for Georgia Computer Chip Part Factory | Industrial Equipment NewsMay 23, 2024

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