(The Center Square) – Saginaw-based Hemlock Semiconductor Corp. will receive $325 million from the federal government to fund the construction of a new polysilicon manufacturing facility.
The taxpayer money was made available through the CHIPS Act, which has already allocated more than $36 billion nationally to semiconductor-related manufacturing projects. Polysilicon is a critical material in semiconductors and chips, and HSC is the only U.S.-headquartered producer of hyper-pure polysilicon.
“HSC is one of many Michigan-based companies that is helping us lead the future of advanced manufacturing,” Michigan Gov. Gretchen Whitmer said Monday. “Thanks to the Biden-Harris administration’s bipartisan CHIPS and Science Act and the U.S. Department of Commerce, we are ensuring HSC’s global leadership in the powerful domestic supply chain to manufacture semiconductor chips needed for everything from computers and phones to AI applications.”…