The original article comes from St. Louis Post Dispatch on June 7, 2024
A company here is set to build a new manufacturing facility thanks to as much as $400 million from the U.S. Department of Commerce to boost semiconductor research and manufacturing.
The White House on Wednesday announced that GlobalWafers will receive major financial support for its projects in O’Fallon, Missouri, and Sherman, Texas; it’s the latest round of federal funding made available through the CHIPS and Science Act.
GlobalWafers will construct a new building on its existing O’Fallon site. The facility will produce 300-millimeter silicon-on-insulator wafers, which are commonly used in defense and aerospace projects.
Last year, the company completed a $300 million expansion at the O’Fallon plant, which produces wafers that are used in the making of semiconductors, chips and microchips for electronic devices.
