Debbie Stabenow

10/25/2024 | Press release | Distributed by Public on 10/25/2024 12:28

Senator Stabenow, Congressman Kildee Visit Hemlock Semiconductor to Celebrate Major Federal Manufacturing Investment

Senator Stabenow, Congressman Kildee Visit Hemlock Semiconductor to Celebrate Major Federal Manufacturing Investment

Stabenow and Kildee Secured Up to $325 Million in Federal Funding for Hemlock to Expand Production of Semiconductor-Grade Polysilicon Investment Will Create Over 1,000 Jobs

Friday, October 25, 2024

HEMLOCK - U.S. Senator Debbie Stabenow (D-MI) and Congressman Dan Kildee (MI-08) visited Hemlock Semiconductor to celebrate a major federal investment from the CHIPS and Science Act. Secured by Stabenow and Kildee, Hemlock will receive up to $325 million in funding to build a new, state-of-the-art manufacturing facility on its campus in Hemlock, Michigan. This historic funding will allow Hemlock to expand its production of hyper-pure polysilicon needed for semiconductor chips and create over 1,000 good paying jobs in Michigan.

"It is so exciting to see Hemlock Semiconductor and Saginaw County leading the way to make sure that American manufacturing no longer depends on semiconductor chips made halfway around the world. As one of only five companies in the world capable of producing the highest quality polysilicon for chips, this investment keeps Hemlock on the leading edge of innovations in microchips technology," said Senator Stabenow. "I was very pleased to partner with Representative Kildee to make sure the CHIPS and Science Act focused on funding and tax incentives to make things in America which made this investment possible."

"Because of the work of President Biden, Vice President Harris and Democrats in Congress, we are securing our supply chains and bringing manufacturing back to Michigan," said Congressman Dan Kildee. "I fought hard alongside Senator Stabenow to bring this federal investment to mid-Michigan to create hundreds of good-paying local jobs and ensure that we make things in Michigan, not overseas. Hemlock is a key part of America's resurgence in semiconductor and polysilicon manufacturing that will help our economy grow and compete for years to come."

HSC Chairman and CEO AB Ghosh highlighted the transformative impact of the proposed funding, stating, "The proposed $325 million CHIPS award is a monumental achievement, not just for HSC, but for Michigan and our country. It allows HSC to plan for a once-in-a-generation investment that will secure our position as a top supplier to the leading-edge semiconductor market and therefore strengthen national security. Our customers want high quality and sustainably made polysilicon, and this grant underscores HSC's commitment to meeting those needs while strengthening American interests."

Senator Stabenow and Congressman Kildee have led the effort in Congress to advance the next generation of American manufacturing and strengthen our domestic supply chain. This includes the 48D Advanced Manufacturing Investment Tax Credit authored by Stabenow and Kildee. This will provide a 25% tax credit and allow for a wide range of qualified investments necessary to create equipment for and manufacture semiconductors.

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