With $5 billion in facility-specific investment and 1,800 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
- Wolfspeed
- Industry
- Semiconductors
- Location
- Siler City, North Carolina
- Investment
- $5.00B
- Permanent jobs announced
- 1,800
- Status
- Under Construction
- Announced
- Sep 9, 2022
- Expected opening
- Sep 1, 2025
- Added to tracker
- Apr 15, 2025
Official references
- Primary source https://www.commerce.nc.gov/news/press-releases/2022/09/09/governor-cooper-announces-wolfspeed-selects-north-carolina-445-acre-manufacturing-campus
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