With $525 million in facility-specific investment and 160 permanent operating jobs announced, this project clears both of AFT's qualifying thresholds ($100 million in facility-specific investment OR 100 permanent operating jobs). This project also meets AFT's primary-source verification and physical U.S. manufacturing-footprint requirements.
View full methodology →The semiconductors context.
Semiconductor fabrication plants, known as fabs, rank among the most capital-intensive industrial facilities ever built—often requiring $10–$30 billion and several years from groundbreaking to initial production. The CHIPS and Science Act of 2022 accelerated a U.S. construction cycle spanning advanced chip fabrication, legacy-node production, semiconductor equipment, packaging, and critical materials. These projects create long-term manufacturing footprints while attracting suppliers, infrastructure investment, and specialized technical work.
At a glance
- Company
- Polar Semiconductor
- Industry
- Semiconductors
- Location
- Bloomington, Minnesota
- Investment
- $525.0M
- Permanent jobs announced
- 160
- Status
- Under Construction
- Announced
- Apr 25, 2024
- Expected opening
- Jan 1, 2027
- Added to tracker
- Feb 20, 2026
Official references
- Primary source https://polarsemi.com/news/polar-semiconductor-receives-chips-award/