# 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.

- Type: Investment
- Announced: 2024-05-23
- Where: Covington, Georgia, United States
- Value: $300.0M
- Jobs: 300
- Starts operating: 2025
- Status: under construction
- Products: glass substrates for semiconductor packaging
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Absolics](https://endata.com/companies/66276.md)
- [SK디앤디](https://endata.com/companies/20456.md) (partner)

## Sources

- [ien.com](https://www.ien.com/operations/news/22910769/us-gives-75-million-to-south-korean-company-for-georgia-computer-chip-part-factory), 2024-05-23: "It is strategically essential that the United States have this domestic manufacturing capacity."

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