Tag Archives: Bay City

DOE announces conditional $544 million loan for silicon carbide wafer production at Michigan plant

BAY CITY, Mich. (AP) — The U.S. Department of Energy announced a conditional $544 million loan Thursday that would allow a Michigan semiconductor manufacturing plant to expand to make parts that can bring faster charging times for electric vehicles. The conditional loan for SK Siltron CSS LLC would create up to 200 construction jobs during the expansion of the company’s …

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