$600 Million Site in Georgia to Build Semiconductor Supplies
The domestic semiconductor buildup is continuing in Georgia as Absolics, Inc. announced Tuesday it had broken ground on a $600 million factory to build glass substrate for applications in semiconductor construction. According to the company, the site will support more than 400 new jobs and help supply a burgeoning domestic chip supply chain.
The glass substrate, originally developed by Absolics, its parent company SKC Co. and the Georgia Institute of Technology, reducing the space required to store chips in devices. According to the company, Absolics will be the first to mass produce glass substrate.
The Georgia facility will be built in two parts. The first phase will consist of a $240 million investment, the creation of 140 jobs, and will begin with low-volume manufacturing by the end of 2023 and mass production by the second quarter of 2024.
In the second phase, Absolics will spend the remaining $360 million to create 270 more jobs and ramp production up to “high-volume.” The company anticipates the factory will be complete within the next half decade.
In a statement, CEO of SKC Dr. Woncheol Park said the company “will be an integral part” of chip supply chains in the U.S. “We are pleased to build a factory and create hundreds of jobs that will have a positive impact on the city of Covington and the State of Georgia.”
