SkyWater Technology announced its plans to build a $1.8 billion U.S. semiconductor R&D and production facility in Indiana through a public-private partnership with the state and Purdue University
The partners will pursue funding through the CHIPS (Creating Helpful Incentives to Produce Semiconductors) for America Act.
“This endeavor to bolster our chip fabrication facilities will rely on funding from the CHIPS Act. Federal investment will enable SkyWater to more quickly expand our efforts to address the need for strategic reshoring of semiconductor manufacturing,” said Thomas Sonderman, SkyWater president and CEO. “Through our alliance with the Indiana Economic Development Corporation and Purdue Research Foundation, we have a unique opportunity to increase domestic production, shore up our supply chains and lay the groundwork for manufacturing technologies that will support growing demand for microelectronics.”
“Today’s announcement marks a dramatic advance toward multiple strategic goals of Purdue’s last decade: enriched academic and career opportunities for our students; new research possibilities for our faculty; a transformed, more attractive environment on and adjacent to our campus; and the latest demonstration that Purdue and Greater Lafayette are now the hot new tech hub of a growing, diversifying Indiana economy,” said Purdue President Mitch Daniels. “Even for the place that specializes in them, this constitutes a genuine giant leap.”
